Nvidia Shares Fall 14% in a Week, Extending a Six-Week Losing Streak

Nvidia stock is down 14% this week as of Friday afternoon trading, and the shares now sit at their lowest level since last summer. The figure comes from Bespoke Investment Group, which laid out the losing streak in a note titled "Will Nvidia Come Unglued?" For a company that anchors the AI supply chain, the number matters. It marks the sharpest weekly framing of a slide that has now run for more than a month.

The week that is closing is Nvidia's sixth consecutive down week. Bespoke's analysts count only three other periods in the company's entire history as a public company with a comparable streak. That ties the current run for the second-longest losing streak on record. One stretch ran longer; the note did not specify which.

How bad is this week by historical standards?

Not the worst, and that distinction deserves attention. Bespoke points out that Nvidia's 14% decline this week does not even rank as the stock's worst week in what the firm calls the AI age, a period it dates from late 2022. The stock has fallen harder within the past two and a half years of the AI rally. Investors who bought during that rally have seen sharper single-week drawdowns before.

This is the caveat that runs through the whole story. A 14% weekly drop sounds severe in isolation. Placed against Nvidia's own recent history, it sits within a range the stock has already visited and survived. The record shows resilience and fragility at the same time.

What does the streak tell investors?

The six-week duration carries more signal than the single-week percentage. Sustained declines differ from sharp one-week corrections. They suggest sustained selling pressure rather than a single bout of panic. Bespoke frames the question bluntly in its title, asking whether Nvidia will come unglued.

The note does not answer its own question. It presents the streak data and leaves the verdict open. That restraint is worth noting. No revenue figures, no guidance changes, and no demand commentary appear in the analysis. The case rests entirely on price action.

For the semiconductor sector, the missing context matters as much as the numbers. Nothing in the note speaks to fab bookings, data-center orders, or hyperscaler spending. A stock can fall 14% in a week on positioning alone. It can also fall on deteriorating fundamentals. The price data cannot distinguish between the two.

What was not said

Bespoke did not report any company-specific news driving the decline. The note opens with the observation that no one will be happier to see the week end than Nvidia shareholders. That is sentiment, not causation. The absence of a stated catalyst cuts both ways. It can mean the sell-off reflects broader market rotation. It can also mean the analysts simply chose to stay within the price series.

The note also stays silent on valuation. It offers no view on whether the lowest levels since last summer represent a floor. Readers looking for a buy or sell call will not find one.

Where this leaves the stock

Three facts define the situation as of Friday afternoon. Nvidia is down 14% for the week. The stock trades at its lowest level since last summer. And the six-week streak ties for the second-longest in the company's public history. Whether the streak extends into a seventh week, or breaks, will show whether this is rotation or repricing.