Nvidia under pressure after Nasdaq tech selloff, shares retreat with AI peers

By Christina Vogel, Background & Management desk. Reviewed prior to publication on 2026-06-23, 20:09.

Nvidia (US67066G1040) trades lower on the Nasdaq on Tuesday as technology names come under pressure in New York. Nasdaq futures had already pointed to weakness after concerns about AI infrastructure costs and the Federal Reserve's rate path, according to a Reuters market overview.Marketscreener summary with Reuters commentary

What Reuters and markets report

In the afternoon, Nasdaq futures fell by more than 2 percent, with Nvidia named among the key AI-related stocks in focus, as investors weighed rising capital expenditure for data centers against tighter monetary conditions, Reuters notes.Reuters-based market snapshot on Marketscreener Nvidia shares recently changed hands around 208.65 US dollars in regular Nasdaq trading, implying a day loss of close to 1 percent versus the previous close, based on Marketscreener data as of June 22, 2026.Nvidia quote and performance on Marketscreener

Analysts and valuation backdrop

MarketScreener's consensus still shows the majority of analysts rating Nvidia as Buy, with the stock trading near the 200 to 210 US dollar band in recent sessions, even after a marked year-on-year profit expansion reported in the last quarterly release.MarketScreener consensus and valuation data According to MarketBeat, Nvidia remains one of the most-followed US semiconductor names, while the platform's fair value snapshot recently showed the shares down over 3 percent intraday as of early afternoon Eastern time in one of the latest sessions.MarketBeat overview on Nvidia shares

The business behind the AI leader

Nvidia generates most of its revenue with graphics processing units designed for data centers, gaming and professional visualization, with its data center segment now the largest contributor in the income statement. The company also offers networking hardware and software that connect AI servers in large clusters.

Where the stock trades now

The Nvidia shares (US67066G1040) last traded on the Nasdaq at 208.65 US dollars as of 2026-06-22, 22:00, according to Marketscreener data. This corresponds to a market capitalization in the mid-trillion US dollar range on that date based on the reported share count.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, investment recommendation or an invitation to buy or sell securities. All information has been carefully researched, but no guarantee is given for its accuracy or completeness. Investors should conduct their own research or consult a professional advisor before making investment decisions.