Why is NVDA down today?

NVDA fell about 3.4% after reports the large OpenAI infrastructure plan is on hold. That raised questions about near‑term demand visibility and customer concentration. While both firms say they remain partners, uncertainty pressured the nvidia share price as traders reduced positions and positioned for earnings later this month.

Is the OpenAI Nvidia deal cancelled?

Reports indicate the mega deal is on ice, not cancelled. Nvidia and OpenAI both say the relationship continues, and Jensen Huang said Nvidia will join the current, smaller fundraising. The headline reduces visibility on scale and timing, but it does not end collaboration. Markets priced in less near‑term certainty.

What technical levels matter now for NVDA?

First support sits near the Bollinger lower band at US$172.04, then the 200‑day at US$168.50. Resistance is around the 50‑day at US$183.78. RSI is neutral at 49.6, ADX shows no strong trend, and ATR at 5.30 implies bigger moves. These levels frame the nvidia share price in coming sessions.

What should Australian investors consider with NVDA?

Think in USD. Returns depend on the share move and AUD/USD shifts. Factor FX conversion costs, set staggered orders near key levels, and avoid oversized trades. Watch earnings on 25 Feb 2026 for guidance on data‑center demand. A simple plan and risk limits help manage NVDA stock today’s volatility.

Global Market Insights

NVDA Stock Today: OpenAI Deal Jitters Hit Shares – February 05

ByDanny Kontos February 5, 2026February 5, 2026

The nvidia share price fell as NVDA slid 3.4% to US$174.19 after reports its US$100B OpenAI infrastructure deal is on hold. Both sides say they remain partners, but uncertainty hit sentiment. For Australian investors, this matters because it clouds AI chip demand visibility and near‑term growth assumptions. We break down today’s move, the OpenAI Nvidia deal signals, and the setup into earnings. We also flag key technical levels and simple steps Aussies can use to manage USD exposure and volatility.