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Nvidia shares lag as AI chip prices drop amid Wall Street focus on memory chips and infrastructure.

Market News
22 Jun 2026
CNBC
View Source
Neutral
pluang ai news

Nvidia's stock has risen only 12% in 2026, underperforming the VanEck Semiconductor ETF's 84% gain, as investors shift attention to memory chips and AI infrastructure. The price to rent Nvidia's flagship B200 GPU, crucial for AI data centers, has fallen from $6.11 per hour in late May to $4.22 in June, reflecting uncertainty in demand. Despite recent struggles, major deals like Google's $920 million monthly AI computing rental from SpaceX highlight Nvidia's strong positioning for future growth. Analysts remain optimistic about Nvidia's prospects in the AI chip market for the rest of 2026 and 2027.

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