{"id":380572,"date":"2026-04-03T21:14:12","date_gmt":"2026-04-03T21:14:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/380572\/"},"modified":"2026-04-03T21:14:12","modified_gmt":"2026-04-03T21:14:12","slug":"nvidia-is-down-20-from-its-peak-history-says-this-is-what-happens-next","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/380572\/","title":{"rendered":"Nvidia Is Down 20% From Its Peak. History Says This Is What Happens Next."},"content":{"rendered":"<p>Nvidia (<a href=\"https:\/\/www.fool.com\/quote\/nasdaq\/nvda\/\" class=\"font-bold hover:underline\" rel=\"nofollow noopener\" target=\"_blank\">NVDA<\/a> +0.87%) has been a top-performing stock every year since 2023. But 2026 looks to be a bit different. Nvidia hasn&#8217;t done well in 2026 and is continuing its slide that started in October 2025. At the time of this writing, it&#8217;s now down around 20% from its all-time high, and some investors may be starting to panic.<\/p>\n<p>Nvidia is no stranger to being down a significant amount from all-time highs, and history has a pretty clear indication of what&#8217;s likely to happen next. I think this can give investors confidence in Nvidia&#8217;s stock, as now is not the time to lose hope.<\/p>\n<p><img alt=\"Investor looking at a declining stock chart.\" loading=\"lazy\" width=\"880\" height=\"587\" decoding=\"async\" data-nimg=\"1\" class=\"h-auto max-w-full rounded object-contain\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/04\/1775250850_666_.jpeg\"\/><\/p>\n<p class=\"caption\">Image source: Getty Images.<\/p>\n<p>This isn&#8217;t the deepest sell-off Nvidia has faced<\/p>\n<p>Since 2023 (when the artificial intelligence (AI) arms race kicked off), Nvidia has been down 20% from its all-time high four times.<\/p>\n<p><a href=\"https:\/\/ycharts.com\/companies\/NVDA\/chart\/\" class=\"text-cyan-900 hover:text-cyan-800\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img alt=\"NVDA Chart\" loading=\"lazy\" width=\"720\" height=\"441\" decoding=\"async\" data-nimg=\"1\" class=\"h-auto max-w-full rounded object-contain\" style=\"color:transparent;max-width:720px\"   src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/04\/02f2d3c9b0df03eca69065112fb05568.png\"\/><\/a><\/p>\n<p class=\"caption\"><a href=\"https:\/\/ycharts.com\/companies\/NVDA\" class=\"text-cyan-900 hover:text-cyan-800\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NVDA<\/a> data by <a href=\"https:\/\/ycharts.com\" class=\"text-cyan-900 hover:text-cyan-800\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">YCharts<\/a><\/p>\n<p>Two of those were in back-to-back moments in 2024, the deepest sell-off was the tariff-induced panic of 2025, and the fourth is happening right now. The reasons behind each sell-off were different, but the result was the same: Nvidia achieved a new, all-time high six months later.<\/p>\n<p>But is this time different? I don&#8217;t think so.<\/p>\n<p><img alt=\"Nvidia Stock Quote\" loading=\"lazy\" width=\"64\" height=\"64\" decoding=\"async\" data-nimg=\"1\" class=\"w-full flex-none object-contain\" style=\"color:transparent\"  src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/04\/1775250851_543_.png\"\/><\/p>\n<p>Today&#8217;s Change<\/p>\n<p>(0.87%) $1.53<\/p>\n<p>Current Price<\/p>\n<p>$177.28<\/p>\n<p>Key Data Points<\/p>\n<p>Market Cap<\/p>\n<p>$4.3T<\/p>\n<p>Day&#8217;s Range<\/p>\n<p>$171.38 &#8211; $177.48<\/p>\n<p>52wk Range<\/p>\n<p>$86.62 &#8211; $212.19<\/p>\n<p>Volume<\/p>\n<p>4.9M<\/p>\n<p>Avg Vol<\/p>\n<p>181M<\/p>\n<p>Gross Margin<\/p>\n<p>71.07%<\/p>\n<p>Dividend Yield<\/p>\n<p>0.02%<\/p>\n<p>Two factors are causing Nvidia&#8217;s current sell-off. First, geopolitical instability caused by the war in Iran is negatively affecting the market&#8217;s confidence. Investors are less likely to take on risk when they&#8217;re unsure of the market&#8217;s future.<\/p>\n<p>Second, there are growing concerns surrounding the state of AI spending. <a href=\"https:\/\/www.fool.com\/research\/ai-companies-spending-on-data-centers\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">2026 is slated to be another year of record capital expenditures<\/a>, even if the market would rather see some of that spending banked as cash rather than spent on AI. However, we&#8217;ve barely even scratched the surface of what&#8217;s possible with AI, and we need a lot more compute. There are several projections indicating that elevated AI spending is needed through 2030 to achieve the goals of the AI hyperscalers, which indicates there could be huge growth beyond 2026.<\/p>\n<p>However, the market isn&#8217;t pricing any of that optimism in.<\/p>\n<p><a href=\"https:\/\/ycharts.com\/companies\/NVDA\/chart\/\" class=\"text-cyan-900 hover:text-cyan-800\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img alt=\"NVDA PE Ratio (Forward) Chart\" loading=\"lazy\" width=\"720\" height=\"441\" decoding=\"async\" data-nimg=\"1\" class=\"h-auto max-w-full rounded object-contain\" style=\"color:transparent;max-width:720px\"   src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/04\/da473fe81b42e4827b0614548c39c410.png\"\/><\/a><\/p>\n<p class=\"caption\"><a href=\"https:\/\/ycharts.com\/companies\/NVDA\/forward_pe_ratio\" class=\"text-cyan-900 hover:text-cyan-800\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NVDA PE Ratio (Forward)<\/a> data by <a href=\"https:\/\/ycharts.com\" class=\"text-cyan-900 hover:text-cyan-800\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">YCharts<\/a><\/p>\n<p>Nvidia trades at 19.9 times forward earnings &#8212; its cheapest valuation over the past two years. For reference, the S&amp;P 500\u00a0trades for 20.4 times forward earnings. Wall Street expects Nvidia to deliver 71% revenue growth this year and 30% next year, so clearly there is plenty of market-beating growth ahead for Nvidia. <\/p>\n<p>I think all this adds up to support the case that Nvidia can rebound to new all-time highs as long as AI spending stays elevated, which it likely will. <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/information-technology\/ai-stocks\/\" class=\"text-cyan-900 hover:text-cyan-800\" rel=\"nofollow noopener\" target=\"_blank\">Now is the perfect time to buy Nvidia&#8217;s stock<\/a>, as the bottom normally occurs when the outlook is most grim.<\/p>\n","protected":false},"excerpt":{"rendered":"Nvidia (NVDA +0.87%) has been a top-performing stock every year since 2023. But 2026 looks to be a&hellip;\n","protected":false},"author":2,"featured_media":380573,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,80],"class_list":{"0":"post-380572","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-ie","12":"tag-ireland","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/380572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=380572"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/380572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/380573"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=380572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=380572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=380572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}