NVIDIA Shares Decline After Reaching Record Highs Amid Valuation Concerns
NVIDIA shares fell 3% in premarket trading after hitting a record close of $216.61, following a 29% surge over the past month and Q4 FY2026 revenue of $68.13B. The stock's near-$5 trillion market cap and high P/E ratio have raised valuation concerns, though CEO Jensen Huang highlighted strong demand for agentic AI and projected $78B in Q1 FY2027 revenue.
Tickers: $NVDA
Topics: AI chip market cap NVIDIA stock parabolic rally valuation concerns