Tesla Stock Slides as Nvidia’s Record $62.3B Data Center Sales Spark Megacap Selloff
Tesla shares fell on Monday as Nvidia’s unexpectedly strong Q4 results—$68.13 billion revenue up 73% and $62.3 billion in data center sales—triggered a broader selloff in artificial intelligence–linked megacaps. Semiconductor stocks extended losses, with Nvidia slipping 1.24% in premarket trading and peers AMD and Broadcom also declining.
1. Tesla Shares Dip in Early Trading
Tesla shares fell in early trading Monday as investors reacted to a selloff in AI-linked megacaps following Nvidia’s earnings release. The drop reflected heightened concerns over AI profitability and sector valuations.
2. Nvidia’s Strong Fourth-Quarter Performance
Nvidia reported $68.13 billion in Q4 revenue, up 73% year over year, driven by record $62.3 billion data center sales and upside first-quarter guidance that topped estimates. Despite the beat, Nvidia shares slipped 1.24% in premarket sessions.
3. Sector-Wide Declines Among Chipmakers
Broad semiconductor names including AMD, Broadcom, and TSMC extended their losses, while AI-linked tech giants such as Apple and Amazon also traded lower. The downturn underlined investor caution on future AI-driven growth and macroeconomic pressures.