Nvidia Faces 6% Drop, Biggest Loss 14 Months

Investors brace for impact as Nvidia’s shares plummet by over 6%, setting the stage for the company’s most significant single-day decline in approximately 14 months. All eyes on Wednesday’s results, with market expectations predicting a staggering 240% surge in quarterly revenues, reaching an impressive $20.6 billion.

Despite Tuesday’s setback, Nvidia’s stock maintains a resilient posture, holding onto gains of more than 36% since the start of the year. Stay tuned as the market eagerly anticipates the unveiling of Nvidia’s quarterly results and assesses the potential implications for one of the tech industry’s key players.