Nvidia (NVDA) Down 30% From 2024 High: Why Stock Is Better Than it Seems
There is no denying that the US stock market has been caught in a volatile state over the last several weeks. With geopolitical tensions rising, there is increased concern about how economic fragility will impact Wall Street. That has pushed Nvidia (NVDA) down 30% from its 2024 high, but the stock may actually be better than it seems. A big reason for the downturn has been the US Liberation Day tariff policy from President Donald Trump. BlackRock’s CEO, Larry Fink, called the plan one of the worst in his 49 years in finance. Subsequently, if a resolution is found regarding the sweeping economic policy, the AI chipmaker could be among the best to benefit. Source: Investopedia Also Read: Nvidia (NVDA) Retakes $114: Why Is Stock Surging Today? Nvidia Drops Amid Horrid 2025 Market While The Company Still Looks Strong Amid a potential US recession, the stock market has been increasingly volatile. At this point in the year, uncertainty is the prevailing theme. Moreover, Nvidia is no exc...