Nvidia’s shares fell 13% this week, its heaviest weekly loss since April 2025, wiping more than $573 billion from the company’s market capitalization. The slump follows a series of declines that have left the stock roughly 40% below its all-time high, erasing nearly $2.5 trillion in value over a period of 28 trading days.
The losses are part of a larger trend in which the chipmaker has shed $1.8 trillion in value over the last five weeks. This volatility occurred around the time Morgan Stanley removed Nvidia from its list of favored equities on Nov 11, though the bank maintained an overweight rating for the shares. Since being named a top pick on Oct 2, Nvidia’s stock price has fallen by more than 25%.
