NVDA Stock Price: Nvidia shares retrace lower after disappointing earnings from Intel

NASDAQ:NVDA fell by 3.64% during Thursday’s trading session.
Semiconductor stocks fall as Intel disappoints with 2022 guidance.
NVIDIA officially launches its cloud gaming service on LG televisions.

Stocks Reporter FXStreet

NASDAQ:NVDA continues to flip flop between green and red days as the GPU leader braves the aftermath of its collapsed deal with Arm Ltd. On Thursday, shares of NVIDIA fell by 3.64% and closed another volatile session at $219.44. More tech weakness came on Thursday and the NASDAQ continued to implode, falling by a further 1.40% as the markets tailed off into the closing bell. Despite several large-cap tech companies reporting positive earnings for the quarter, the sell-off in growth stocks has continued. On Wednesday, Tesla (NASDAQ:TSLA) reported and was down 11% on Thursday. We’ll see what happens on Friday as Apple (NASDAQ:AAPL) reported another blowout quarter after the closing bell.

Stay up to speed with hot stocks' news!

One of those companies that reported its earnings is NVIDIA rival Intel (NASDAQ:INTC) which held its call after the close on Wednesday. While the quarter was an undeniable success for Intel, as it beat on both earnings per share and revenue estimates. So why did shares of Intel fall by 7% on Thursday? The company also provided guidance for the first quarter of 2022, and from the initial forecast, it seems as though Intel might have difficulty beating expectations. NVIDIA is set to report its quarterly earnings on February 16th.

NVIDIA stock forecast

On the product side, NVIDIA officially launched its cloud gaming service which will come installed on most LG televisions. The GEForce Now platform will allow users to stream games that were bought on digital sites like Steam, and play them directly through the television, rather than on a computer. The premium tier does have a subscription fee that will add yet another revenue stream to NVIDIA’s vast portfolio of products and services.

Like this article? Help us with some feedback by answering this survey:

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to Premium Sign In

Author

Stocks Reporter

FXStreet

AUD/USD falls hard to test 0.7100 amid risk aversion

AUD/USD is under intense selling pressure in Friday's Asian trading, attacking the 0.7100 level. Broad risk-aversion amid US-Iran uncertainty, combined with weak Australian GDP data, weighs heavily on the higher-yielding Australian Dollar. All eyes now remain on the US NFP report for fresh impetus.

USD/JPY coiling up around 160.00 amid 'Yentervention' threats

USD/JPY sits glued near 160.00 in Asia on Friday, as the Japanese Yen remains supported by persistent 'Yentervention' threats by Japan's officials. However, the pair's downside remains capped by the Mideast tensions-led risk-off mood and the US Dollar's bullish consolidation.

Gold drops back toward $4,400 on US-Iran standoff, US NFP eyed

Gold price returns to the red and approaches $4,400 in the Asian session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday.

DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi

Losses from decentralized finance exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi. The report, which analyzed exploit-driven losses across major blockchain ecosystems between 2020 and 2025, found that DeFi protocol losses declined from $2.62 billion in 2022 to $534 million in 2024.

Nonfarm payrolls: Testing the limits of Fed policy patience

The upcoming nonfarm payrolls report for May will provide the final update on the US labor market before Kevin Warsh attends his first policy meeting as the new Fed Chair later this month.

Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.