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Nvidia shares drop 29% amid concerns on custom silicon and regulatory risks despite strong growth.

Market News
12 Nov 2026, 00:08 WIB
Seeking Alpha
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Bearish
Nvidia shares drop 29% amid concerns on custom silicon and regulatory risks despite strong growth.

Nvidia's stock fell 29% from its October peak, reflecting market worries about the adoption of custom silicon and increased regulatory scrutiny. Despite robust revenue growth and a strong position with sovereign and enterprise customers, competition is rising as major AI labs develop alternatives to Nvidia's CUDA technology. Analyst Tim Travis values Nvidia shares around $220, suggesting a discount to intrinsic value, and is closely watching upcoming gross margin guidance and growth in non-hyperscale customer segments as key indicators for the company's future performance.

Nvidia's market cap stands at $4.08 trillion as of Nov 12, 2026, 05:21 WIB, with a dividend yield of 0.59%. The stock price on Pluang is USD 166.94, down 1.10% in the past day, reflecting some ongoing investor caution. Pluang data shows a strong buy interest at 69%, indicating confidence among retail investors despite recent price declines.

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