Nvidia Slips to $206 as Apple GPU Deal Fails to Lift Huang Supplier-Hype Concerns

Nvidia shares fell 1.3% to $206.13 on June 9 as a Bloomberg Opinion warning about CEO Jensen Huang's market-moving supplier endorsements overshadowed confirmation that Apple Intelligence will use Nvidia GPUs. The selloff caps a turbulent two-week arc: NVDA surged ~6% on Huang's bullish Computex keynote June 1 — unveiling the RTX Spark AI PC superchip and Vera CPU targeting a $200B TAM — before crashing 6.2% on June 5 after Broadcom's weak AI guidance and a hotter-than-expected jobs report wiped over $1 trillion from chip-sector market caps. Huang's June 8 'buying opportunity' call sparked a ~2% rebound, but analysts now warn his public endorsements of Marvell, SK Hynix, Arm, and Qualcomm are inflating valuations beyond what earnings can support.