Nvidia Shares Slip After US GDP Decelerates to 1.4% and Core Inflation Hits 3.0%
U.S. GDP growth slowed to 1.4% annualized in Q4, down from 4.4%, while core PCE inflation rose to 3.0%, the highest since February. Nasdaq-100 futures fell 0.5% and Nvidia shares traded lower in premarket trading on renewed tech-sector pressure.
1. Q4 GDP Growth and Core Inflation
U.S. real GDP rose 1.4% annualized in Q4, down from 4.4% in Q3, reflecting weakness in government spending, exports and consumer outlays. Core PCE inflation accelerated to 3.0% year-over-year, marking the fastest increase since February and underscoring persistent price pressures.
2. Market Reaction and Nvidia Performance
Nasdaq-100 futures declined 0.5% as investors digested slowing economic growth alongside rising inflation. Nvidia shares extended premarket losses amid broader tech-sector weakness, with AI-linked names under pressure as markets reassess valuations in a tighter macro environment.