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Nvidia extends slide after valuation fears overshadow record earnings

ReutersNov 21, 2025 11:46 AM

Shares of Nvidia NVDA.O down 1.7% at $177.71 premarket, extending losses after 3.2% drop in previous session

Worries about tech stock valuations dampen sentiment despite stellar results

Chipmaker on Wednesday posted Q3 revenue of $57 bln, crushing estimates, and forecast strong demand for AI chips into 2026

However, boost from upbeat NVDA results was short-lived, as Nasdaq logged its sharpest intraday swing since April on Thursday

NVDA stock up 34.51% YTD, as of last close

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