Nvidia stock recovers US market crash losses as shares trade 8% higher on Wall Street
Nvidia stock recovered to its levels before the US stock market after witnessing the biggest rally since its crash on Friday, April 4, over China’s additional tariff announcement on the Western nation.
The chipmaking firm’s stock gained over 8 per cent to hit the intraday high of $105.68 as of 10:48 a.m. (EDT) on Tuesday. The stock was trading at $105.15 on Friday, April 4, before the stock markets crashed due to the China tariff announcement.
After hitting the day’s high, Nvidia Corp shares are currently trading 6.63 per cent higher at $104.11, compared to $97.64 at the previous stock market close.
Nvidia shares plummeted on Friday, April 4, as the company relies heavily on countries like China and Vietnam for its parts and manufacturing services.
On Monday, April 7, Nvidia shares remained volatile at Wall Street open, initially crashing 8.15 per cent as selling pressure was high amid the big tech and consumer discretionary stocks on Wall Street.
Nvidia Share Price
US-based Big Tech firm Nvidia Corp. shares have given US market investors more than 1,400 per cent returns in the last five years and over 18 per cent return on their investment in the last one-year period.
However, on a year-to-date (YTD) basis, the stock is trading more than 25 per cent lower in 2025.
Nvidia shares dropped to $87.51, its eight-month low level since September 2024, when it was at $88.74, according to the data collected from the Marketwatch website.
The company’s market capitalisation (M-Cap) rose 6.06 per cent on Tuesday, at $2.526 trillion, according to Companymarketcap data. The data also showed that the chipmaking company has lost 24.69 per cent of its M-Cap, so far in 2025.
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