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Nvidia Slides for 7th Straight Session as AI Sentiment Cools Ahead of Earnings
Electronic Technology · Semiconductors · yonhap_finance · 2026-08-24
Nvidia shares have declined for seven consecutive days, marking the longest losing streak in four years as investors grow cautious ahead of earnings.
What Happened
Stock Decline: Nvidia shares have fallen for seven consecutive trading days, marking the longest losing streak since September 2022. During this period, the stock has shed 7.5% of its value, dragging down broader semiconductor indices and other AI-related equities.
Market Headwinds: The downward pressure stems from reports of planned AI server price hikes and criticism regarding the company's 'circular financing' investment practices in key clients. Additionally, political pushback against AI data center construction has further dampened investor enthusiasm.
Capital Rotation: Data from Goldman Sachs indicates that the correlation between AI-focused stocks and the S&P 500 has turned negative for the first time. This suggests that capital flowing out of AI names is rotating into other sectors rather than exiting the broader equity market entirely.
Earnings Focus: Investors are closely watching the upcoming earnings release on the 26th, which is viewed as a critical litmus test for the entire AI sector. While the broader AI growth narrative remains intact, the market is seeking confirmation of sustained profit growth to justify current valuations.
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