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Nvidia Shares Plunge Amid Congressional Scrutiny
Nvidia's shares fell to $166.95 on Tuesday, marking the worst month for the AI chipmaker since September 2022. The selloff accelerated after congressional Republicans threatened to subpoena CEO Jensen Huang over his reported relationship with a suspected Chinese intelligence operative. The company's stock has lost over 18% in November and is now 10.5% below its 2026 closing price and 31.4% below its peak in 2025. Analysts view the stock as overbought in the long term, with some suggesting an additional 20% drop would be considered healthy in an isolated technical analysis.