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 (NVDA) and other chip stocks plummeted on Thursday as concerns over tightening U.S. trade policies and rising competition in artificial intelligence (AI) applications from China pressured the sector.

One of Nvidia’s worst weeks ever has been brought on by the implementation of tariffs. In a single day, the company’s stock fell 17%, wiping out more than $200 billion in market value. For a business that had been seeing record-breaking profits and high demand for its AI processors, this represents a major blow.

"While unwelcome, volatility is common in semi stocks and does not always presage a fundamental shift," Bank of America said.

The market keeps a close eye on upcoming earnings announcements and policy changes that might substantially affect sector market performance.

Nvidia (NASDAQ:NVDA) is the biggest beneficiary of the AI rally, but as analysts get more cautious about the AI narrative, those gains are starting to dissipate. NVDA stock has fallen sharply and plunged 12.

Nvidia (NVDA) and other chip stocks fell in early trading Thursday as the artificial intelligence trade faltered. Shares of the AI chipmaker were down more than 2% in recent trading. Advanced Micro Devices (AMD),

AI has been generating headlines and hype, and for good reason. It’s the once-in-a-generation technology that is in the process of permanently

The iShares ETF is down almost 4% in 2025 so far, and it's down 21% from its record high, which was set in the middle of last year. However, it has delivered a compound annual return of 11.1% since its inception in 2001, beating the average annual gain of 8.4% in the S&P 500 over the same period.

President Trump and Taiwan Semiconductor Manufacturing announced a $100 billion company investment in Phoenix. The deal could have broad significance.

Despite initially opening the day's trading in the red, Nvidia ( NVDA 1.69%) stock wound up posting gains in Tuesday's trading. The artificial intelligence ( AI) hardware leader's share price ended the session up 1.7% and had been up as much as 4.6% earlier in the session.