NVIDIA Stock (NVDA) Today: AI Spending Jitters, New Competition, and Wall Street Forecasts — December 18, 2025
Nvidia shares fell 3.7% to $170.94 early Thursday, extending a 3.8% drop from Wednesday as investors questioned the pace and sustainability of AI spending. Broader chip stocks also declined. Google and Meta are working to make Google’s TPUs more compatible with PyTorch, challenging Nvidia’s software dominance. Markets remain wary of near-term AI infrastructure returns.