On March 31, Nvidia's stock price came under pressure due to concerns over war, inflationary pressures, and skepticism regarding spending on artificial intelligence. The expected price-to-earnings (P/E) ratio has fallen to its lowest level since early 2019. The chipmaker's current expected P/E ratio is approximately 19.6, below the S&P 500's ratio of about 20. On Monday, Nvidia fell by 1.40%, closing at $165.17, which is nearly a 20% decline from its historical closing high in October 2025, approaching a technical bear market, with a cumulative drop of about 10% in the first quarter of this year. (Dongxin News Agency)