On August 25, NVIDIA fell 3.04% in regular trading to $207.93/share, with turnover of $20.295 billion, marking its seventh consecutive session of decline — the longest losing streak since September 2022.
Multiple headwinds converged on the stock. Over the weekend, reports emerged that NVIDIA's AI server prices will rise over 15% for systems shipping in early next year, driven by surging memory chip costs. DRAM contract prices have already jumped 90-95% quarter-over-quarter, with memory now accounting for 62% of Vera Rubin system material costs. Meanwhile, a senior NVIDIA manager was indicted by Taiwanese prosecutors for allegedly organizing the smuggling of 74 servers containing B300 chips to China via Japan and Indonesia, circumventing US trade restrictions.
The broader semiconductor sector sold off sharply, with Micron Technology down 5.97%, AMD down 3.68%, Intel down 3.05%, and Broadcom down 2.49%. NVIDIA reports fiscal Q2 earnings on Wednesday, with consensus expecting $92 billion in revenue and $2.09 EPS, adding to pre-earnings uncertainty.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)