As Nvidia’s stock heads for a bear market, bargain hunters see a golden buying opportunity

As Nvidia’s stock heads for a bear market, bargain hunters see a golden buying opportunity As Nvidia’s stock heads for a bear market, bargain hunters see a golden buying opportunity Portfolio managers say chip demand should be resilient even in a period of political uncertainty The election results have added to jitters about the tech sector, with Nvidia shares now off more than 20% from recent highs. kphoto Nvidia’s stock was pacing toward bear-market territory Thursday afternoon as the selloff in technology stocks escalated. was down more than 8% in midday trading, putting it on pace for its largest percentage decrease since March 2025, according to Dow Jones Market Data. Shares have lost 23.5% from their peak close on Oct 6. A bear market is defined as a fall of 20% or more from a recent peak.

Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Micron, Sandisk and other AI stocks are falling hard: ‘Investors don’t like uncertainty’ This pancreatic cancer treatment is on track for ‘one of the best drug launches of all time’ My 93-year-old father changed his will at the 11th hour, leaving my brother his entire $500,000 estate. Bloom Energy’s stock is one of the S&P 500’s biggest losers amid fears of data-center delays Britney Nguyen is a tech reporter covering Nvidia, chips and AI.

You can find her on X at @britneycath. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET.

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