{"id":4505,"date":"2026-04-16T15:17:11","date_gmt":"2026-04-16T15:17:11","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4505"},"modified":"2026-04-16T15:17:11","modified_gmt":"2026-04-16T15:17:11","slug":"nvidia-stock-shows-signs-of-fatigue-after-11-day-rally","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4505","title":{"rendered":"Nvidia stock shows signs of fatigue after 11-day rally"},"content":{"rendered":"
<\/div>\n

Shares of Nvidia edged lower on Thursday, showing signs of fatigue after a record-setting rally. <\/p>\n

The correction came even as strong earnings from key suppliers underscored continued demand for artificial intelligence chips.<\/p>\n

The stock slipped 0.4% to $198.08 after briefly trading higher earlier in the session. <\/p>\n

The move comes after Nvidia logged 11 consecutive days of gains\u2014its longest winning streak since at least 1999, according to Dow Jones Market Data.<\/p>\n

The rally has lifted the stock from recent lows near $165 and briefly pushed it above the $200 mark on Wednesday, a level it has not consistently held since late last year. <\/p>\n

Nvidia\u2019s all-time closing high stands at $207.04, reached on October 29.<\/p>\n

Breakout above $200 remains key focus<\/h2>\n

Despite the recent gains<\/a>, Nvidia has yet to deliver a decisive breakout above the $200 level, which remains a key psychological and technical threshold for investors.<\/p>\n

The stock\u2019s inability to sustain moves above that mark reflects lingering caution, even as Wall Street price targets continue to imply further upside.<\/p>\n

Thursday\u2019s decline also aligned with broader market weakness. <\/p>\n

The S&P 500 fell 0.1%, while the Nasdaq Composite declined 0.3%. <\/p>\n

The Dow Jones Industrial Average dropped 68 points, or 0.2%.<\/p>\n

Even so, the major indexes remain on track for strong weekly gains, with the S&P 500 up around 3%, the Nasdaq more than 4%, and the Dow about 1%.<\/p>\n

Supplier strength fails to lift sector<\/h2>\n

Earnings from major semiconductor suppliers reinforced the strength of AI-driven demand but failed to provide a sustained boost to chip stocks.<\/p>\n

Taiwan Semiconductor Manufacturing Company reported a 58% jump in first-quarter profit<\/a>, exceeding expectations and marking its fourth consecutive quarter of record earnings.<\/p>\n

\u201cAI-related demand continues to be extremely robust,\u201d CEO CC Wei said during the company\u2019s earnings call.<\/p>\n

High-performance computing, which includes AI chips produced for Nvidia, accounted for 61% of TSMC\u2019s revenue in the quarter, up from 55% in the previous period. <\/p>\n

Advanced chips manufactured at 7nm and below made up about 74% of revenue, supporting gross margins of 66%.<\/p>\n

Despite the strong results, TSMC shares fell about 2% on Thursday.<\/p>\n

Mixed signals across chip industry<\/h2>\n

Elsewhere in the sector, ASML declined further after initially dropping as much as 6.5% on Wednesday.<\/p>\n

The stock closed about 2.5% lower in the prior session and fell another 3% on Thursday, despite reporting solid first-quarter results and raising forward guidance.<\/p>\n

The muted market reaction to strong earnings from both TSMC and ASML highlights elevated investor expectations for the semiconductor sector, particularly as AI-driven growth becomes more central to valuations.<\/p>\n

Recent history reflects similar dynamics. Nvidia\u2019s strong fourth-quarter earnings report last quarter was followed by a 5% decline in its share price, underscoring how high expectations can limit upside reactions.<\/p>\n

Awaiting next catalyst<\/h2>\n

Investors are now turning their attention to upcoming earnings from major technology companies as the next potential catalyst for Nvidia.<\/p>\n

Market participants are particularly focused on whether large technology firms will continue to increase capital expenditure on AI infrastructure and whether new models are being trained on Nvidia\u2019s Blackwell architecture.<\/p>\n

Such signals would provide greater clarity on demand sustainability and could determine whether Nvidia can break decisively above the $200 level after its historic run.

The post Nvidia stock shows signs of fatigue after 11-day rally<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of Nvidia edged lower on Thursday, showing signs of fatigue after a record-setting rally. The correction came even as strong earnings from key suppliers underscored continued demand for artificial intelligence chips.The stock slipped 0.4% to $198.08 after briefly trading higher earlier in the session. The move comes after Nvidia logged 11 consecutive days of…<\/p>\n","protected":false},"author":1,"featured_media":4506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4505"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4506"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}