Nvidia Stock Drops Again. Here’s What Is Dragging on the Chip Maker’s Shares.

Nvidia stock was having another tough trading session on Tuesday after investors spent the long weekend considering the chipmaker’s underwhelming profit guidance. The Magnificent Seven stock tumbled 7.6%, which put it on pace for its largest percentage decrease since April 19, 2024, according to Dow Jones Market Data. Other chip makers also dropped: Advanced Micro Devices slid 4.6%, Qualcomm fell 4.6%, and Broadcom was down 4.7%.