Nvidia’s stock has made a remarkable comeback, recovering from one of its most significant downturns in recent memory. Following the unexpected announcement of additional tariffs by China on U.S. goods, Nvidia’s shares initially took a hit but have since rebounded impressively. As of Tuesday morning, the chip giant’s stock surged over 8%, reaching an impressive intraday high of $105.68.
Nvidia’s Stock Performance
- On Friday, April 4, Nvidia shares closed at $105.15 before the market downturn.
- Fast forward to Tuesday at 10:48 a.m. EDT, and the stock is trading at $104.11, reflecting a 6.63% increase from the previous close of $97.64.
This volatility comes as Nvidia heavily relies on manufacturing and parts from countries like China and Vietnam, making it particularly susceptible to geopolitical developments.
Market Insights
After an initial plunge of 8.15% on Monday, April 7, due to intense selling pressure on major tech and consumer stocks, Nvidia’s resilience is noteworthy. Investors have seen a staggering return of over 1,400% in the past five years, with an 18% increase in the last year alone.
However, despite the recent rally, Nvidia’s stock is still down more than 25% year-to-date in 2025. The shares even dipped to $87.51, marking an eight-month low since September 2024.
Current Market Capitalization
As of the latest data, Nvidia’s market capitalization stands at approximately $2.526 trillion, reflecting a 6.06% increase on Tuesday. Despite this uptick, the company has faced a loss of 24.69% of its market cap so far in 2025.
Conclusion
Nvidia continues to be a critical player in the tech sector, navigating challenges with resilience. Investors and analysts alike will be watching how the company adapts to ongoing market fluctuations and geopolitical tensions. For more updates on US markets, stay tuned here.
