NVDA Stock Tests $200 Support as Political Backlash Hits Nvidia and Chip Sector

NVDA Stock Tests 0 Support as Political Backlash Hits Nvidia and Chip Sector

By Skerdian Meta
Publication Date: 2026-11-04 20:38:00

Nvidia (NASDAQ: NVDA) shares have reversed towards $200 as Democratic victories in the US midterm elections raise concerns about political opposition to data-centre expansion, while rising financing costs, infrastructure constraints and growing competition add pressure to the semiconductor sector.

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