Stock Market Today: Nvidia Slips After New High, Outperforms in Soft Tech Session

Motley Fool
2025.07.31 20:57
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Nvidia (NVDA) slipped 0.8% to $177.87 after reaching a new high of $183.30, with trading volume 12.5% above average. Despite the decline, Nvidia outperformed the chip sector and broader tech, as the S&P 500 fell 0.4%. Peers like AMD and Intel also faced declines. AMD raised its MI350 AI chip price, while Intel reported delays and layoffs. Nvidia is set to report earnings soon and has stockpiled nearly 1 million H20 AI chips for China, boosting investor optimism amid U.S. export controls.