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Nvidia's stock wrapping up tough week as Wall Street focuses more on competition than growth
CNBC· 2026-02-27 19:42
Nvidia CEO Jensen Huang speaks during a dinner event with the company's Taiwanese suppliers in Taipei, Taiwan, on Saturday, Jan. 31, 2026.Nvidia reported blowout earnings on Wednesday and issued a better-than-expected forecast showing accelerating growth. CEO Jensen Huang proclaimed that "compute demand is skyrocketing." Investor concerns appear to be elsewhere. The stock fell for a second straight day on Friday and is down 6% for the week in what would be its sharpest pullback since November. With the retr ...