What was Nvidia's stock price after the drop?

The stock closed at $195.47, down 1.8%.

Is this Nvidia's fourth straight loss?

Yes, it marks the fourth consecutive daily loss, the longest streak since May.

Why is the $200 level important for Nvidia?

The $200 level was seen as a key support after being breached in April; breaking it could signal further downside.

Were other stocks in the sector affected?

Yes, shares of Microsoft, Meta, Broadcom, and Qualcomm also declined.

Nvidia Stock Slips Below $200 on Competition Fears

Nvidia stock dropped 1.8% to $195.47, breaking below $200 for the first time since April and extending its losing streak to four days, as the initial boost from Micron's earnings faded and competition fears resurfaced.

June 25, 2026

2 min read

Source: Barrons.com

Key Numbers

stock price

195.47

daily change

-1.8%

consecutive losses

4 days

Nvidia (NVDA) shares slid 1.8% on Thursday to close at $195.47, marking the fourth consecutive daily loss and breaching the $200 support level. The decline came as the positive momentum from Micron's strong earnings report dissipated, giving way to broader anxieties about the AI sector.

Reasons for the Decline

Micron boost fades: The initial lift from Micron's blowout earnings quickly evaporated.
Competition fears: Growing concerns that rivals may erode Nvidia's dominant position in AI chips.
Sector weakness: Tech stocks broadly faced profit-taking.

Context

The current losing streak is Nvidia's longest since May. The stock had been attempting to establish a trading range with a floor near $200 after breaking through that level in April, according to Barron's.

Similar Moves in the Sector

Other tech giants also declined, including Microsoft (MSFT), Meta (META), Broadcom (AVGO), and Qualcomm (QCOM), reflecting a broad sell-off in technology shares.

What This Means for Investors

Breaking below $200 could signal further downside, but it may also present a buying opportunity for long-term investors. Future performance will depend on competitive dynamics and Nvidia's upcoming earnings.

Frequently Asked Questions

The stock fell as the positive impact of Micron's earnings faded and competition fears in the AI chip market resurfaced.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.