Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell Technology Inc.’s earnings report which has put a further dent in the artificial-intelligence trade.

Nvidia has only slightly rebounded from six-month lows reached earlier in the week in the wake of the Trump administration’s imposition of levies on imports from Mexico, Canada,

The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to the AI trade.

Nvidia (NVDA) stock fell 5.7% on Thursday, bringing its decline this year to more than 17% amid concerns about declines in spending on AI, amid a general selloff in that took the tech-centered Nasdaq 100 down 2.

The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.

Marvell Technology's shares closed down 19.8%, marking their worst day in more than two decades and weighing on rival chipmakers' stocks on Thursday, after an in-line revenue forecast gave investors another reason to be jittery about spending on AI infrastructure as a years-long rally shows signs of cooling.

U.S. equities dipped at midday as confusion over the new tariffs by President Donald Trump led to market uncertainty. The Dow Jones Industrial Average, S&P 500, and Nasdaq were down.

Nvidia ( NVDA) stock briefly extended its decline on Friday as the AI chip giant's market cap losses from its record high in January reached $1 trillion. A broader market sell-off coupled with fears of an overvaluation in the AI trade has sent the stock tumbling more than 23% over the past two months.

Nvidia (NASDAQ: NVDA) stock is getting hit with sell-offs in Thursday's trading. The company's share price was down 5.1% as of 2 p.m. ET amid a 2% decline for the S&P 500 and a 2.5% decline for the Nasdaq Composite.

Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell Technology's bleak outlook.

according to an analyst Nvidia Corp.'s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell Technology Inc.'s earnings report which has put ...