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News for India > Business > US Stocks: Nvidia shares drop nearly 3% after chipmaking giant projects weak revenue forecast — Details here | Stock Market News
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US Stocks: Nvidia shares drop nearly 3% after chipmaking giant projects weak revenue forecast — Details here | Stock Market News

Last updated: August 29, 2025 2:15 am
7 months ago
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US Stocks: The shares of US-based chipmaking giant Nvidia Corp. dropped nearly 3% on Thursday’s Wall Street session after the company announced weak projections for its third-quarter (July to September) revenue estimates. 

Nvidia Share Price Trend 

Nvidia Corp. shares closed 0.82% lower at $180.12 after Thursday’s US market session, compared to $181.60 at the previous market close. The chipmaking giant’s shares were trading 0.24% lower at $179.68 in the after-market hours on Nasdaq at 4:29 p.m. (EDT). 

On Thursday, the shares of the company opened higher to hit an intraday high of $184.47, edging close to their year-high level before dropping to hit the intraday low of $176.41. 

Shares of the US-based chipmaker have given Wall Street investors more than 1,269% returns on their investment in the last five years and have gained over 43% in the last one-year period. 

On a year-to-date (YTD) basis, Nvidia Corp. shares have jumped 30.23% in 2025 and are trading 4.34% higher in the last five market sessions on the US stock market. 

According to the data collected from MarketWatch, the shares of the chipmaker touched their 52-week high levels at $184.48, and the 52-week low level was at $86.62. Nvidia Corp.’s market capitalisation (M-Cap) stands at $4.43 trillion as of the stock market session on Thursday, 28 August 2025. 

Read stories by Anubhav Mukherjee

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



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