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Nvidia Declines Nearly 4% In Monday Pre-Market: What's Going On?

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Nvidia Declines Nearly 4% In Monday Pre-Market: What's Going On? - Benzinga

Quick Summary:

Nvidia Corporation (NASDAQ:NVDA) dropped 3.66% during the Monday pre-market trading session following CoreWeave‘s (NASDAQ:CRWV) disappointing IPO and uncertainty surrounding President Donald Trump‘s ‘Liberation Day’ on April 2.

CoreWeave set its initial public offering price at $40 per share, falling short of the anticipated $47 to $55 range, reflecting investor caution despite strong demand for AI-driven cloud computing services.

What Happened: The chipmaker dropped during the pre-market session amid the AI gloom surrounding Nvidia-backed CoreWeave’s lackluster IPO.


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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 11:23:59 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 396 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27475085

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 21 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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