NVIDIA shares faced immediate selling pressure on October 14, 2026, after a hotter-than-expected September CPI report showed headline inflation rising 0.6% month-over-month and core readings exceeding forecasts, lifting Treasury yields and rate-hike odds. The stock opened near $225.50 and closed around $221.44, down roughly 3% from the prior session’s $228.52 finish, with trading volume exceeding 115 million shares. Additional headwinds included reports of NVIDIA’s declining share in China’s AI accelerator market amid U.S. restrictions and Microsoft’s planned rollout of its Maia 300 custom chip. While data-center revenue growth remains robust and analyst price targets average above $328, these macro and competitive factors weighed on near-term sentiment ahead of the next earnings release in mid-November.