Open account

Nvidia Holds $214.75 as Broadcom Plunges 15% in Selloff

Nvidia fell just 0.8% to $214.75 on June 4 while Broadcom plunged 15% and AMD dropped 5.6%, aided by Hyundai AI-hub talks and a $288 Morgan Stanley target. The story began May 25 with warnings that NVDL's daily-reset decay caused a 67% peak-to-trough loss versus NVDA's 35% drawdown. Coverage then shifted to direct comparisons showing NVDA's Q1 revenue of $81.6B (+85% YoY) and $97B FY2026 free cash flow beating Broadcom on growth and valuation, before culminating in today's relative outperformance.

Category

NVIDIA

Sentiment

Bearish

Event

Performance comparison

Reading time

1 min