Nvidia YTD Shares Off 3% After Selling 7.7M Applied Digital Shares Position
Nvidia shares have declined almost 3% year to date as AI-heavy stocks underperform following broader Magnificent 7 sell-off pressures. The company liquidated its entire 7.7 million-share position in Applied Digital last month, contributing to that stock’s 19.5% drop.
1. Nvidia's Year-to-Date Performance
Nvidia shares have fallen almost 3% since the start of the year, tracking below peers in the Magnificent 7 as investor concerns over AI bubble risks and high capital expenditure plans weigh on the stock. Comparative year-to-date declines include Amazon down ~7%, Microsoft down 15% and Apple down over 5%.
2. Liquidation of Applied Digital Stake
In February, Nvidia sold its entire 7.7 million-share holding in Applied Digital, a stake that had previously linked it to AI infrastructure growth. This divestiture coincided with a 19.5% monthly slide in Applied Digital’s stock and highlights Nvidia’s portfolio reevaluation amid challenging AI investment climates.