Stock market today: Dow craters on Greenland tariff news
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Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?
NVIDIA has faced setbacks in the past. Its stock has experienced declines of over 30% within a period of less than 2 months on up to 8 separate occasions in recent years
At one point in 2025, Nvidia's value hit $5 trillion. I foresee it going much higher in 2026.
Nvidia is the world's largest company, with a market cap of $4.5 trillion. The company has a number of catalysts that could fuel further valuation expansion thanks to rising infrastructure spending. Its data center business could double in size in 2026.
Nvidia stock fell over 3% as Greenland tariff fears sparked risk-off moves and analysts warned 2026 AI capex growth may slow.
Corning ( GLW +1.03%) is one of them, and it often flies under the radar in the AI space. The company is best known for supplying the glass for Apple 's iPhone since 2007, but its fiber optic cables for data centers are helping AI developers move information between chips and devices much faster than traditional copper solutions.
Nvidia stock was dropping amid concerns over geopolitics and the future of artificial intelligence.
Movano Inc. surged 114.92% after hours following Corvex's announcement of a long-term GPU lease agreement to power AI development.
There has been a loss of momentum for Nvidia (NASDAQ:NVDA) in recent months, which has been the case for many other stocks leading the AI rally. Investors are using that as an excuse to move into other names in the stock market,
A series of events may shed light on Nvidia's future.