NVIDIA shares traded near $219–220 late in the week of September 14, 2026, after opening the period around $211 following a 3.4% drop on September 14 driven by AI safety concerns raised by Anthropic’s CEO and echoed by other industry leaders. The early-week selloff tested support near the 50-day moving average, but the stock rebounded as CEO Jensen Huang highlighted potential doubling of chip sales on strong AI demand, alongside a broader market recovery after the Federal Reserve’s 25-basis-point rate increase. Recent fiscal second-quarter results showed data-center revenue at $89 billion, supporting elevated valuations despite ongoing supply constraints and insider selling. Trader consensus reflected in the market-implied odds aligns with these levels amid persistent long-term growth expectations for AI infrastructure spending.
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