Why is nvda shares going down now

NVIDIA's stock decline can be attributed to a combination of factors:

1. Trade Tensions: The Biden Administration's plan to implement tighter trade restrictions if semiconductor companies continue granting China access to technologies made in the United States has raised uncertainty about market dynamics in the semiconductor segment, affecting NVIDIA's shares.
2. Earnings Report: NVIDIA's recent earnings report showed a delay in the release of their next-generation AI chip, which could have led to investor concerns about the company's growth trajectory.
3. Market Sentiment: The broader market sentiment has been affected by weaker-than-expected earnings from companies like Alphabet and Tesla, leading to a general downturn in tech stocks.
4. Profit-Taking: After a significant rise, NVIDIA's stock price has seen a natural pullback as investors may be taking profits from their positions.
5. Industry Competition: The semiconductor industry is highly competitive, and NVIDIA faces competition from companies like Broadcom, AMD, and Intel, which could impact its market share and profitability.

In conclusion, NVIDIA's stock price decline is a result of a combination of external trade tensions, internal company-specific news, broader market sentiment, and industry competition.