--- title: "Stock Market Today: Nvidia Slips After New High, Outperforms in Soft Tech Session" description: "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" type: "news" locale: "en" url: "https://longbridge.com/en/news/251064177.md" published_at: "2025-07-31T20:57:31.000Z" --- # Stock Market Today: Nvidia Slips After New High, Outperforms in Soft Tech Session > 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. **Nvidia** (NVDA -0.82%) slipped 0.8% to close at $177.87 on Thursday, giving back early gains after hitting a new all-time intraday high of $183.30. Trading volume reached 216.9 million shares, 12.5% above its three-month average, reflecting strong investor engagement. Despite the red close, Nvidia held up better than most of the chip sector and broader tech. The **S&P 500** fell 0.4%, while the **Nasdaq Composite** was effectively flat (down 0.03%) after briefly touching a fresh intraday high. The tech sector was mostly soft, with investors digesting a wave of earnings reports and ongoing restructuring developments. Nvidia's peers lagged: **Advanced Micro Devices** (AMD -1.80%) declined 1.8%, snapping a six-day rally. AMD raised the price of its MI350 AI chip from $15,000 to $25,000, a signal of confidence as it looks to compete more directly with Nvidia. **Intel** (INTC -2.68%) fell 2.7% on reports of delayed fab construction in Ohio, plans to lay off 25,000 workers, and canceled projects in Europe. Looking ahead, Nvidia is expected to report earnings in the coming weeks. Reports indicate it has stockpiled nearly 1 million H20 AI chips for China, reinforcing investor optimism despite tightening U.S. export controls. ### Related Stocks - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [NVDL.US - GraniteShares 2x Long NVDA Daily ETF](https://longbridge.com/en/quote/NVDL.US.md) - [07788.HK - XL2CSOPNVDA](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK - XI2CSOPNVDA](https://longbridge.com/en/quote/07388.HK.md) - [NVDY.US - YieldMax NVDA Option Income Strategy ETF](https://longbridge.com/en/quote/NVDY.US.md) - [NVDD.US - Direxion Daily NVDA Bear 1X ETF](https://longbridge.com/en/quote/NVDD.US.md) - [NVDX.US - T-Rex 2X Long NVIDIA Daily Target ETF](https://longbridge.com/en/quote/NVDX.US.md) - [NVDQ.US - T-Rex 2X Inverse NVIDIA Daily Target ETF](https://longbridge.com/en/quote/NVDQ.US.md) - [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 'It's Not Good Enough,' Says Analyst About AMD Stock | Analyst Gil Luria from D.A. Davidson expresses skepticism about AMD's upcoming Instinct MI455 accelerator, suggesting it | [Link](https://longbridge.com/en/news/276091350.md) | | Mouser Electronics to Highlight Latest Semiconductors and Technologies for Engineers at DesignCon 2026 | Mouser Electronics will showcase its latest semiconductors and technologies at DesignCon 2026, taking place from Februar | [Link](https://longbridge.com/en/news/276069036.md) | | Biltmore Family Office LLC Reduces Holdings in NVIDIA Corporation $NVDA | Biltmore Family Office LLC reduced its holdings in NVIDIA Corporation (NASDAQ: NVDA) by 9.1% in Q3, now owning 29,694 sh | [Link](https://longbridge.com/en/news/275999991.md) | | Westfuller Advisors LLC Has $5.96 Million Stake in NVIDIA Corporation $NVDA | Westfuller Advisors LLC increased its stake in NVIDIA Corporation (NASDAQ: NVDA) by 33.8% in Q3, now holding 31,955 shar | [Link](https://longbridge.com/en/news/275977152.md) | | Prediction: This AI Stock Will Soar After Feb. 25. Here's Why. | Nvidia (NVDA) shares have faced a 2% decline over the past three months due to geopolitical tensions and concerns about | [Link](https://longbridge.com/en/news/275701772.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.