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Summary
Nvidia (NVDA) closed at $204.64 on October 30, 2026, down 4.22%, while the Nasdaq Composite fell 2.86%.
Financial media tied the drop to a chip selloff after Intel's weaker-than-expected guidance, with Intel down 28.58% and AMD down 10.88%.
Nvidia reports third-quarter fiscal 2027 results with a conference call on November 17, according to the company.
Gotrade News - In the latest Nvidia stock news, shares of Nvidia (NVDA) closed at $204.64 on Friday, October 30, 2026, down $9.02 or 4.22% in the US session. Financial media tied the Nvidia stock decline to a chip-wide selloff that followed Intel's weaker-than-expected guidance and renewed doubts about returns on AI spending.
NVDA Trading Data
Data
Value
Closing price
$204.64
Change
-$9.02 (-4.22%)
Previous close
$213.66
Open
$208.94
Day range
$200.92 to $209.06
Volume
168.4 million shares
30-day average volume
103.5 million shares
52-week range
$164.27 to $243.37
Market cap
$4.93 trillion
Regular-session close on Friday, October 30, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. 52-week range: Yahoo Finance daily highs and lows since October 31, 2025. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.
Nvidia opened at $208.94, below the prior close, and slid as low as $200.92 before finishing $3.72 above that low. The day's high of $209.06 sat just above the open. Volume reached 168.4 million shares, 62.69% above the 103.5 million-share average.
The decline was steeper than the broader market's. The Nasdaq Composite fell 2.86% to 25,437.00, the S&P 500 lost 1.82% to 7,580.07 and the Dow Jones Industrial Average slipped 1.09% to 51,770.31, leaving Nvidia's move 1.36 percentage points worse than the Nasdaq's. The US 10-year Treasury yield fell 6.0 basis points to 4.93% in the same session.
Within chips, Nvidia held up better than many peers. Intel (INTC) fell 28.58%, AMD dropped 10.88% and Marvell lost 10.05%, while Broadcom (AVGO), TSMC and Micron declined 5.48%, 5.95% and 5.30%. At the close, Nvidia stood 15.91% below its 52-week high and 24.58% above its 52-week low.
None of the coverage reviewed for this article pointed to news from Nvidia itself; financial media tied the drop to a selloff across semiconductor stocks.
According to CNBC, Intel shares had their worst day since the 1970s after the chipmaker guided to fourth-quarter adjusted earnings of 25 cents a share on revenue of $15 billion to $16 billion, against analyst expectations of 43 cents and $17.1 billion. Intel cited a plant shutdown in Israel and softness in the PC market.
As reported by Reuters, Intel's warning spread through the sector as investors weighed weakening PC demand, rising memory prices as suppliers shift production to AI chips, and AI infrastructure spending that is pushing tech giants toward borrowing. Matt Britzman, senior equity analyst at Hargreaves Lansdown, told Reuters investors were in a sell-first, ask-questions-later mood, and that Intel's warning gave them an easy reason to take profits across chip stocks.
According to the company's second-quarter fiscal 2027 release, Nvidia's revenue rose 106% from a year earlier to $96.2 billion, with Data Center revenue up 117% to $89.0 billion.
In the same release, Nvidia said it expects third-quarter fiscal 2027 revenue of $108.0 billion, plus or minus 2%.
Per CNBC, Amazon kept its 2026 capital expenditure forecast at $220 billion even after its third-quarter results missed estimates.
Risks
Nvidia holds a large stake in Intel, and CNBC said the value of that stake dropped by about $6 billion on Friday.
Reuters pointed to AI infrastructure spending pushing tech giants toward borrowing, while CNBC noted Amazon reported negative free cash flow for a second straight quarter.
Raymond James chief market strategist Matt Orton told CNBC that positioning across the space remains crowded.
Nvidia's next earnings report is set for Tuesday, November 17, when the company will host a conference call at 2 p.m. PT on results for the third quarter of fiscal 2027, which ended October 25, 2026, according to Nvidia.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
