NVDA Gaps to $200: Why Google’s $920M/Mo SpaceX GPU Deal Proves Nvidia Already Won the AI Chip War
Shares of artificial intelligence powerhouse NVIDIA Corporation (NASDAQ: NVDA) experienced sharp downside volatility during the June 10 session, closing down 3.73% at $200.42 and sliding further to $199.18 in after-hours trading. Despite a flurry of massive, institutional-grade commercial milestones, including an unprecedented multi-billion-dollar GPU hosting agreement between SpaceX and Alphabet, a convergence of semiconductor sector anxieties and macroeconomic pressures forced a near-term valuation re-rating.