Tech Stocks
Nvidia’s fundamentals look good even as the stock gets pounded, but investors who want to maintain exposure need to watch its Big Tech customers’ spending trends
Published: April 4, 2025 at 11:41 a.m. ET
Nvidia Corp.’s stock continues to get slammed, with a 13.7% weekly decline putting it on pace for its worst such drop since January. That was when DeepSeek made investors question whether massive spending on artificial intelligence was sustainable.
The onetime stock-market darling hasn’t been able to catch a break at all this year, and it’s down 35.9% from its peak close, achieved in early January. The selling escalated this week as the sweeping tariffs announced by President Donald Trump on Wednesday sparked renewed fears of a global economic slowdown, leading investors to continue to dump risky tech stocks.
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