Nvidia Trades 26% Below Record Close Amid Huang Review

Nvidia shares closed Friday 26% below their record high, extending a month-long selloff that has erased 22% of the stock's value and dragged a major semiconductor ETF down 30.5% over the same period. The drawdown comes as investors review comments from CEO Jensen Huang, with the article offering no further detail on the substance of that review. The scale of the decline matters because Nvidia has been the market's largest single driver of AI-related gains, so its weakness is rippling across chip-sector exposure rather than staying contained to one name. The 30.5% drop in the semiconductor ETF shows the correction is broad-based across the industry, not a single-stock anomaly. What to watch next is whether the stock stabilizes near current levels or whether further weakness in the chip complex pulls the broader AI trade lower.