- Summary:
- NVIDIA stock slips to $108 ahead of April 2 dividend payout. Technicals remain weak as AI hype fades and support at $102.86 comes into focus.
NVIDIA (NASDAQ: NVDA) opened April under pressure, trading at $108.38 as of the latest session — down over 20% from its 2025 peak and sitting near key support levels. The chipmaker is set to distribute its next quarterly dividend of $0.01 per share on April 2, a token payout that does little to offset growing concerns over valuation, AI fatigue, and tech sector weakness.
The move comes after five straight days of losses, as risk appetite falters across mega-cap growth names. Broader tech weakness, coupled with fresh U.S.-China tariff worries, has hit NVIDIA particularly hard, given its role in global semiconductor supply chains.
Technical Breakdown – NVDA/USD Daily Chart
- Current Price: $108.38
- Resistance Levels: $114.65 – $120.64 – $130.03
- Support Zones: $102.86 – $96.16 – $87.67
- MACD: Bearish, with widening downside momentum
- RSI: 38.10 – nearing oversold, but no bullish divergence

Price action is now testing the lower boundary of the $108–$102 range. A breakdown below $102.86 could expose the stock to deeper retracements toward $96 or even $87 if selling accelerates.
Outlook: Will the Dividend Mark a Bottom?
While the April 2 dividend may serve as a psychological checkpoint, it’s unlikely to drive bullish momentum on its own. Technicals remain heavy, and unless NVDA reclaims the $114.65 resistance area, sellers remain in control.
With AI optimism cooling and macro headwinds building, NVIDIA investors may need to buckle in. Q2 could bring more volatility—and possibly, a better entry for those waiting on the sidelines.