Nvidia shares fell 2% in overnight trading amid a broad selloff in AI infrastructure stocks, following mixed reports from Intel and Amazon. Bloomberg reported that Nvidia is in talks to provide credit support for an Nscale data center in West Virginia that Anthropic plans to use, while Nscale is pursuing an IPO with a $30 billion target that some investors have pushed back on. Intel plunged 23% after forecasting December-quarter sales and profit below expectations, while AMD fell 6.4% and Micron 3.4%. Deepwater Asset Management's Gene Munster said Intel's weak outlook should not be extrapolated to Nvidia, as the main issue is PC demand, and noted that Meta and Alphabet expect significantly higher capex. Nvidia stock is up 15% year to date.
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NVDAAI investmentdata centerssemiconductorsIntel
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/29/2026 | 213.72 |
| Change that session | -0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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