NVIDIA 6 November 2025 - 18 November 2025

Nvidia shares closed Monday at $186.60, down 1.9%, and traded near that level in heavy premarket activity Tuesday ahead of its earnings report. U.S. indexes extended losses in early trading, with the S&P 500 and Nasdaq dropping below key technical levels. Asian tech stocks fell sharply overnight after Wall Street’s decline. Nvidia’s market cap stands near $4.5 trillion.

Nvidia shares closed down 3.6% at $187 on Thursday, about 10–15% below their late October record. Premarket trading Friday shows Nvidia off another 1% as tech stocks slide on renewed Fed rate concerns and volatility spikes. Amazon and Microsoft are supporting proposed US legislation to further limit Nvidia’s chip exports to China.

Nvidia shares closed at $188.15 on Friday, up 0.04% for the day but down 9% for the week after new U.S. export limits and Beijing’s curbs on foreign chips hit China sales prospects. CEO Jensen Huang said there are no active talks to sell Blackwell chips to China. The Nasdaq posted its worst week since April. Nvidia reports Q3 FY26 results on November 19.

The White House has barred Nvidia from selling its scaled-down B30A AI chip to China, tightening export controls. CEO Jensen Huang said in Taiwan there are no plans to ship Blackwell or other chips to China. Nvidia shares fell 3.7% to $188.08, with a weekly market-cap loss of up to $440 billion. Beijing has ordered state-backed data centers to use only domestic chips, further limiting Nvidia’s China prospects.