<p>看到投资亏损从来都不是一件愉快的事情。当一只股票的价格在一个月内下跌超过 10% 时，正常的反应是考虑是否应该卖出以锁定收益，避免进一步下跌。</p>
<p>这正是 <strong>Nvidia</strong>（NVDA 1.39%）的投资者需要认真思考的问题。全球领先的芯片制造商的股价在 6 月 2 日至 7 月 2 日期间下跌了 12.6%，并且自 5 月份的历史高点 235.74 美元/股下跌了 17%。</p>
<p>但这次下跌实际上可能并不是坏事。以下是投资者不必惊慌的原因，以及 Nvidia 的回调可能实际上是个好消息。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzcxODQvbnZpZGlhLWhlYWRxdWFydGVycy1vdXRzaWRlLXdpdGgtYmxhY2stbnZpZGlhLXNpZ24td2l0aC1udmlkaWEtbG9nby5qcGcmdz0zODQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzcxODQvbnZpZGlhLWhlYWRxdWFydGVycy1vdXRzaWRlLXdpdGgtYmxhY2stbnZpZGlhLXNpZ24td2l0aC1udmlkaWEtbG9nby5qcGcmdz0zODQw"/></p>
<p>图片来源：Nvidia。</p>
<h2>Nvidia 股票一直有起伏</h2>
<p>显然，公司的股价回调为新投资者提供了买入的机会。这并不是我所说的 “好消息”，尽管现在可能是 开立新头寸 的好时机，如果你还没有持有该公司的股票。</p>
<p>相反，我想说的是 Nvidia 股价的自然起伏。该公司成为市值 4.7 万亿美元的全球最大公司的道路并不平坦。在过去五年中，股价经历了多次令人眩晕的暴跌。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Nvidia 股票报价" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4"/></p>
<h2>NASDAQ: NVDA</h2>
<p>Nvidia</p>
<p>今日变动</p>
<p>(-1.39%) $-2.75</p>
<p>当前价格</p>
<p>$194.84</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$4.7T</p>
<p>日内区间</p>
<p>$192.36 - $200.03</p>
<p>52 周区间</p>
<p>$157.34 - $236.54</p>
<p>成交量</p>
<p>5.6M</p>
<p>平均成交量</p>
<p>159M</p>
<p>毛利率</p>
<p>74.15%</p>
<p>股息收益率</p>
<p>0.14%</p>
<p>在 2021 年 11 月至 2022 年 10 月期间，Nvidia 的股价暴跌 66%。它稍微恢复了一些，但在 2022 年 12 月再次下跌超过 20%。该公司在 2023 年 7 月至 2026 年 3 月之间经历了九次 15% 或更多的下跌，平均每年约三次。</p>
<p>但在过去五年中，股价上涨了超过 851%。如果你在任何一次 15% 的下跌期间卖出，你将错过 大量收益。</p>
<p>这些收益中最大的部分是在经历了长时间的下跌后突然出现的。例如，在 2025 年 10 月至 2026 年 3 月期间，Nvidia 的股价在五个月内损失了 20% 的价值。然后，毫无预警地，股价在 3 月 30 日至 5 月 14 日之间飙升了 42.7%，创下历史新高。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzcxODQvZ2V0dHlpbWFnZXMtMTU0OTMyODM4LTEyMDB4ODI5LTRiY2RhYzkuanBnJnc9Mzg0MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzcxODQvZ2V0dHlpbWFnZXMtMTU0OTMyODM4LTEyMDB4ODI5LTRiY2RhYzkuanBnJnc9Mzg0MA"/></p>
<p>图片来源：Getty Images。</p>
<h2>过山车般的旅程</h2>
<p>当一只股票迅速上涨且从未经历像 Nvidia 过去五年那样的临时回调时，可能会让新投资者 不愿意购买股票 ，因为担心股票价格过高。作为全球市值最大的公司，Nvidia 已经面临对其估值的质疑。</p>
<p>这也可能导致公司在报告任何不佳的财报时经历重大股价下跌。但 Nvidia 似乎并没有这个问题。事实上，它几乎面临相反的问题：在过去两年中，Nvidia 的财报表现出色，收入和净利润大幅增长。然而，在最近八次财报中的五次之后，股价都出现了 立即且显著的下跌。</p>
<p>如果最近的历史可以作为参考，Nvidia 最近的股价下跌可能会意外逆转，股价 应该会飙升至新高。聪明的投资者知道，不应该因为这只长期赢家仍然处于巅峰而恐慌性抛售。</p>

英伟达

2 倍做多 NVDA ETF - T-Rex

2 倍做多英伟达 ETF - Direxion

<p>英伟达股票在过去一个月下跌了 13%，引发了投资者的担忧。然而，历史数据显示，这种回调是常见的，通常会在显著收益之前出现。尽管近期波动性加大，英伟达强劲的盈利增长和市场领导地位表明，这次下跌可能是一个买入机会，而不是卖出的信号</p>

<p>It's never fun to see your investments lose money. And when a stock's price falls more than 10% in a month, it's normal to wonder if you should sell to lock in your gains before it falls any further.</p>
<div class="lb-trans"><p>看到投资亏损从来都不是一件愉快的事情。当一只股票的价格在一个月内下跌超过 10% 时，正常的反应是考虑是否应该卖出以锁定收益，避免进一步下跌。</p>
</div><p>That's something investors in <strong>Nvidia</strong>( NVDA 1.39%) need to seriously think about. Shares of the world's leading chipmaker dropped 12.6% between June 2 and July 2, and they're down 17% from May's all-time high of $235.74/share.</p>
<div class="lb-trans"><p>这正是 <strong>Nvidia</strong>（NVDA 1.39%）的投资者需要认真思考的问题。全球领先的芯片制造商的股价在 6 月 2 日至 7 月 2 日期间下跌了 12.6%，并且自 5 月份的历史高点 235.74 美元/股下跌了 17%。</p>
</div><p>But this latest drop might not be such a bad thing, actually. Here's why investors shouldn't panic and why Nvidia's pullback might actually be good news.</p>
<div class="lb-trans"><p>但这次下跌实际上可能并不是坏事。以下是投资者不必惊慌的原因，以及 Nvidia 的回调可能实际上是个好消息。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzcxODQvbnZpZGlhLWhlYWRxdWFydGVycy1vdXRzaWRlLXdpdGgtYmxhY2stbnZpZGlhLXNpZ24td2l0aC1udmlkaWEtbG9nby5qcGcmdz0zODQw" alt="A black sign with Nvidia's logo outside Nvidia's headquarters." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F877184%2Fnvidia-headquarters-outside-with-black-nvidia-sign-with-nvidia-logo.jpg&amp;w=3840&amp;op=resize"/></p>
<p>Image source: Nvidia.</p>
<div class="lb-trans"><p>图片来源：Nvidia。</p>
</div><h2>There have always been ebbs and flows with Nvidia stock</h2>
<div class="lb-trans"><h2>Nvidia 股票一直有起伏</h2>
</div><p>Obviously, a pullback in a company's stock price offers new investors the opportunity to buy the dip. That's not the kind of &#34;good news&#34; I'm talking about here, although it's true that now might be a good moment to open a new position in the chipmaker if you don't already own shares.</p>
<div class="lb-trans"><p>显然，公司的股价回调为新投资者提供了买入的机会。这并不是我所说的 “好消息”，尽管现在可能是 开立新头寸 的好时机，如果你还没有持有该公司的股票。</p>
</div><p>Instead, I'm talking about the natural ebbs and flows of Nvidia's stock price. The company's road to being the largest company in the world with a $4.7 trillion market cap hasn't been a smooth one. In just the last five years, the stock has seen dizzying plunges multiple times.</p>
<div class="lb-trans"><p>相反，我想说的是 Nvidia 股价的自然起伏。该公司成为市值 4.7 万亿美元的全球最大公司的道路并不平坦。在过去五年中，股价经历了多次令人眩晕的暴跌。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL05WREEucG5nJnc9MTI4" alt="Nvidia Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FNVDA.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: NVDA</h2>
<div class="lb-trans"><h2>NASDAQ: NVDA</h2>
</div><p>Nvidia</p>
<div class="lb-trans"><p>Nvidia</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-1.39%) $-2.75</p>
<div class="lb-trans"><p>(-1.39%) $-2.75</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$194.84</p>
<div class="lb-trans"><p>$194.84</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$4.7T</p>
<div class="lb-trans"><p>$4.7T</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$192.36 - $200.03</p>
<div class="lb-trans"><p>$192.36 - $200.03</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$157.34 - $236.54</p>
<div class="lb-trans"><p>$157.34 - $236.54</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>5.6M</p>
<div class="lb-trans"><p>5.6M</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>159M</p>
<div class="lb-trans"><p>159M</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>74.15%</p>
<div class="lb-trans"><p>74.15%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.14%</p>
<div class="lb-trans"><p>0.14%</p>
</div><p>Between November 2021 and October 2022, Nvidia's share price plunged 66%. It recovered a bit, only to drop by more than 20% again in December 2022. The company went on to experience nine drops of 15% or more between July 2023 and March 2026, about three per year.</p>
<div class="lb-trans"><p>在 2021 年 11 月至 2022 年 10 月期间，Nvidia 的股价暴跌 66%。它稍微恢复了一些，但在 2022 年 12 月再次下跌超过 20%。该公司在 2023 年 7 月至 2026 年 3 月之间经历了九次 15% 或更多的下跌，平均每年约三次。</p>
</div><p>But over the last five years, the stock has risen by more than 851%. And if you had sold during any one of those previous 15% dips, you would have missed out on lots of gains.</p>
<div class="lb-trans"><p>但在过去五年中，股价上涨了超过 851%。如果你在任何一次 15% 的下跌期间卖出，你将错过 大量收益。</p>
</div><p>The biggest of those gains came suddenly and after a prolonged downturn. For example, between October 2025 and March 2026, Nvidia's stock lost 20% of its value over five months. Then, without warning, shares surged 42.7% between March 30 and May 14, hitting all-time highs.</p>
<div class="lb-trans"><p>这些收益中最大的部分是在经历了长时间的下跌后突然出现的。例如，在 2025 年 10 月至 2026 年 3 月期间，Nvidia 的股价在五个月内损失了 20% 的价值。然后，毫无预警地，股价在 3 月 30 日至 5 月 14 日之间飙升了 42.7%，创下历史新高。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84NzcxODQvZ2V0dHlpbWFnZXMtMTU0OTMyODM4LTEyMDB4ODI5LTRiY2RhYzkuanBnJnc9Mzg0MA" alt="A steel roller coaster goes over a large drop on a red track and blue supports." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F877184%2Fgettyimages-154932838-1200x829-4bcdac9.jpg&amp;w=3840&amp;op=resize"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>A roller-coaster ride</h2>
<div class="lb-trans"><h2>过山车般的旅程</h2>
</div><p>When a stock rockets upward and never experiences temporary pullbacks like Nvidia's has over the last five years, it can make new investors reluctant to buy shares out of concern that the stock is too expensive. And as the world's largest company by market cap, Nvidia already faces skepticism about its valuation.</p>
<div class="lb-trans"><p>当一只股票迅速上涨且从未经历像 Nvidia 过去五年那样的临时回调时，可能会让新投资者 不愿意购买股票 ，因为担心股票价格过高。作为全球市值最大的公司，Nvidia 已经面临对其估值的质疑。</p>
</div><p>It can also set the company up to experience a major share price drop if it reports anything less than stellar earnings. Nvidia doesn't seem to have that problem. In fact, it almost faces the opposite issue: Over the past two years, Nvidia's earnings reports have been stellar, with massive growth in revenue and net income. Yet after five of its last eight earnings reports, the stock has seen an immediate and significant share price decline.</p>
<div class="lb-trans"><p>这也可能导致公司在报告任何不佳的财报时经历重大股价下跌。但 Nvidia 似乎并没有这个问题。事实上，它几乎面临相反的问题：在过去两年中，Nvidia 的财报表现出色，收入和净利润大幅增长。然而，在最近八次财报中的五次之后，股价都出现了 立即且显著的下跌。</p>
</div><p>If recent history is any guide, Nvidia's recent share price drop is likely to reverse itself unexpectedly, and the stock should soar to new heights. Smart investors know better than to panic sell this longtime winner that's still at the top of its game.</p>
<div class="lb-trans"><p>如果最近的历史可以作为参考，Nvidia 最近的股价下跌可能会意外逆转，股价 应该会飙升至新高。聪明的投资者知道，不应该因为这只长期赢家仍然处于巅峰而恐慌性抛售。</p>
</div>

Nvidia Stock Is Down 13% Over the Last Month. Here's Why That Could Be Good News.

- 英伟达股价在 6 月至 7 月间下跌 12.6%。
- 长期来看，股价波动提供了新投资者买入机会。
- 过去五年股价上涨超 851%，之前的跌幅并未影响总体收益。

Motley Fool

1 倍做空英伟达 ETF - Direxion

1.5 倍做空英伟达 ETF - Tradr

2 倍做多英伟达 ETF - GraniteShares

2 倍做空 NVDA ETF - T-Rex

南方两倍做多英伟达

英伟达期权收益策略 ETF - YieldMax

南方两倍做空英伟达

2 倍做空 NVDA ETF - GraniteShares

ProShares Ultra NVDA

2 倍做多英伟达 ETF - Leverage Shares

Leverage Shares 2x Cpd Acclrtd NVDAMnETF

NVDA 周配息 ETF - Roundhill

GraniteShares YieldBOOST NVDA ETF

xETFs NVDA Daily Income ETF

NVDA 期权收益策略 ETF - YieldMax

XI二南英伟-U

2 倍做多 MAG7 指数 ETF - Roundhill

半导体 ETF - VanEck Vectors

费城交易所 半导体 ETF - iShares

半导体 3 倍做多 - Direxion

Invesco PHLX Semiconductor ETF

标普半导体 ETF - SPDR

动态半导体 ETF - Invesco

纳斯达克半导体 ETF - First Trust

NVIDIA Corporation

英伟达的股票在过去一个月下跌了 13%。以下是这可能是个好消息的原因