Overnight evaporation of trillions! Nvidia’s letter triggers seven consecutive declines—AI bull market completely shifts
US stock AI leader Nvidia $NVDA faces a rare deep correction, setting a record for its longest streak of consecutive down days in four years. The company’s market value plunged by more than a trillion yuan in a single day, completely breaking the previous one-way uptrend structure of the AI bull market. This round of decline is not driven by negative earnings news. The company’s upcoming new fiscal-quarter data is still expected to maintain high growth, and revenue expectations remain strong. The core reason for the stock’s sharp drop lies in a convergence of multiple negative factors.
First, long-term U.S. Treasury yields have continued to rise. High-risk-free interest rates have significantly squeezed the premium for overvalued growth stocks, leading to a systematic reassessment of Nvidia’s valuation.
Second, soaring memory chip costs have forced Nvidia’s AI servers to be chased up by more than 15% in price. The market worries that downstream customers’ purchasing intentions will cool, suppressing industry demand. At the same time, the AI compute landscape is quietly changing: new inference chips are rapidly gaining adoption, gradually breaking the dominance of Nvidia alone. Industry profits begin to be redistributed.
Additionally, the market is highly alert to potential risks in Nvidia’s financing model at the billion-yuan scale. Concerns that downstream AI monetization may fall short of expectations could trigger a backlash against debt. Combined with investors de-risking and settling positions ahead of the earnings release, under multiple pressures, the AI hardware sector suffered a broad sell-off. Nvidia led the way with a deep pullback.
#BTC触及80000美元 #美国财政部将回购上限翻倍至40亿美元
US stock AI leader Nvidia $NVDA faces a rare deep correction, setting a record for its longest streak of consecutive down days in four years. The company’s market value plunged by more than a trillion yuan in a single day, completely breaking the previous one-way uptrend structure of the AI bull market. This round of decline is not driven by negative earnings news. The company’s upcoming new fiscal-quarter data is still expected to maintain high growth, and revenue expectations remain strong. The core reason for the stock’s sharp drop lies in a convergence of multiple negative factors.
First, long-term U.S. Treasury yields have continued to rise. High-risk-free interest rates have significantly squeezed the premium for overvalued growth stocks, leading to a systematic reassessment of Nvidia’s valuation.
Second, soaring memory chip costs have forced Nvidia’s AI servers to be chased up by more than 15% in price. The market worries that downstream customers’ purchasing intentions will cool, suppressing industry demand. At the same time, the AI compute landscape is quietly changing: new inference chips are rapidly gaining adoption, gradually breaking the dominance of Nvidia alone. Industry profits begin to be redistributed.
Additionally, the market is highly alert to potential risks in Nvidia’s financing model at the billion-yuan scale. Concerns that downstream AI monetization may fall short of expectations could trigger a backlash against debt. Combined with investors de-risking and settling positions ahead of the earnings release, under multiple pressures, the AI hardware sector suffered a broad sell-off. Nvidia led the way with a deep pullback.
#BTC触及80000美元 #美国财政部将回购上限翻倍至40亿美元
