Nvidia stock falls for the seventh straight session as investors await second-quarter results amid broader AI sector volatility.
Nvidia (NVDA) shares declined for a seventh consecutive session Monday, pressured by earnings apprehension before its second-quarter report due this week. The stock has struggled after forming a base and hitting an early entry point, influenced by mixed results from AI-related peers like Advanced Micro Devices.
The chipmaker’s shares have faced selling pressure despite its leadership in the AI sector, with investors weighing valuation concerns against growth expectations. Prior to this pullback, NVDA had rallied sharply in 2026, driven by strong demand for AI infrastructure.
The Dow Jones index rose modestly Monday, contrasting with declines in memory chipmakers Micron and Sandisk, as markets awaited geopolitical developments.