Nvidia craters, on track for lowest close of 2025
The hits keep on coming for Nvidia.
The chip designer is down more than 7%, poised for its lowest close of the year.
Its prior intraday trough, which came shortly after the emergence of DeepSeek, came on February 3 at a price of $113.01. Shares rebounded during the course of that session to end at $116.66.
Since mid-January, the options market has had a decidedly less bullish tilt on Nvidia, with the ratio of puts to calls traded trending higher.