NVDA Stock Update: NVIDIA Corp at $205.10, Down 6.20% (-$13.56) as Lunit Joins AI Ecosystem Meeting in Korea

NVDA stock closed Friday, June 6, at $205.10, its worst single-day drop since February. The stock fell 6.20%, moving from $218.66 to $205.10, with a session range of $204.34 to $214.87. Total volume hit 216 million shares, 47 million above the daily average, exchanging approximately $44.23 billion in a single session. NVDA’s all-time high of $236.54 was set on May 14, 2026. 

The trigger was a combination of Broadcom’s AI guidance miss and a stronger-than-expected US jobs report, raising fresh Federal Reserve rate hike fears. While the stock bled in New York, NVIDIA CEO Jensen Huang was in Seoul meeting Korean business leaders, hosting a closed-door AI ecosystem session at The Shilla Hotel, and quietly building the physical AI supply chain that underpins every NVDA revenue line.

What Caused the 6.20% Drop

Two events converged on Friday, June 6, to erase $13.56 from NVDA stock in a single session.

Broadcom’s guidance miss: Broadcom (NASDAQ: AVGO), the second-largest AI chip designer after Nvidia, delivered AI chip sales guidance that fell below Wall Street’s elevated expectations. The miss was not catastrophic, but in a market pricing perfection into every semiconductor name, it was enough to trigger a rotation out of the entire AI chip trade. AMD (NASDAQ: AMD), Marvell (NASDAQ: MRVL), and Intel (NASDAQ: INTC) all fell alongside NVDA stock on the same session.

The jobs report: A strong US nonfarm payrolls print raised expectations of a Federal Reserve rate hike, pushing two-year Treasury yields sharply higher and reducing the risk appetite that had fueled the AI trade through May 2026. Over the past 10 days, NVDA stock has declined in 7 of those sessions, a total decrease of 6.56% from the 10-day open.

NVDA Stock: Key Data at a Glance

Metric	Data
Close (June 6)	$205.10
Prior close	$218.66
Session decline	−$13.56 / −6.20%
Day range	$204.34 – $214.87
52-week range	$140.86 – $236.54
All-time high	$236.54 (May 14, 2026)
Volume (June 6)	216 million shares
Market cap	~$4.96 trillion
FY2026 revenue	$215.94 billion (+65.47% YoY)
Consensus target	$298.42 (62 analysts, Strong Buy)

Jensen Huang in Seoul: What NVDA Is Actually Building

While NVDA stock fell in New York, Jensen Huang spent June 7–8 building the company’s next revenue runway in Seoul.

Lunit, a Korean medical AI company, was invited to Nvidia’s AI ecosystem meeting at The Shilla Seoul on June 8 during Huang’s visit to Korea. The meeting brought together leaders of major companies and institutions involved in Korea’s AI infrastructure ecosystem. Lunit CTO Richard Yoo said, “As sovereign AI expands into healthcare, countries need reliable AI that reflects their own medical data and population characteristics.”

Who Else Was in the Room

Huang invited six domestic AI startups, including Nota and Upstage, to a closed-door meeting at The Shilla Hotel on June 8, signaling that Nvidia is positioning Korean ventures as strategic partners in expanding its AI ecosystem.

On June 7, Huang met SK Group Chairman Chey Tae-won, SK Hynix CEO Kwak Noh-jung, and SK Telecom CEO Ryu Young-sang over fried chicken and beer in Samseong-dong, their second meeting in two days. At Computex 2026 on June 2, Huang wrote “Please make more HBM” on an SK Hynix HBM4E wafer, underscoring Nvidia’s urgent need to lock in sixth-generation high-bandwidth memory for its Vera Rubin AI accelerators. 

Korea’s AI Infrastructure: The Numbers Behind the Visit

South Korea’s government and private sector have committed to deploying over 250,000 NVIDIA GPUs across sovereign clouds and AI factories, including Samsung Electronics building an AI factory with 50,000+ GPUs; SK Group deploying 50,000+ GPUs, including Asia’s first industrial AI cloud; Hyundai Motor Group building an NVIDIA AI factory with 50,000 Blackwell GPUs for autonomous driving and manufacturing; and NAVER Cloud expanding to over 60,000 GPUs for enterprise and physical AI.

Huang identified robotics as South Korea’s most promising investment sector and discussed partnership plans linking Hyundai Motor Group and Doosan Group’s capabilities in autonomous driving, collaborative robots, and industrial humanoids. Every GPU deployed in Korea is an NVDA revenue unit. The stock fell on Friday; the Korea buildout did not. 

Technical Levels and the Path Back

NVDA stock finds accumulated volume support at $199.57, a level that could hold as a buying opportunity if the broader AI selloff continues into the June 8 session. Resistance sits at $215.87 and $212.78; a break above either level would issue a technical buy signal. 

62 analysts rate NVDA stock a Strong Buy with a consensus 12-month price target of $298.42, implying 45.5% upside from the June 6 close of $205.10. The US CPI print on June 10 is the next macro catalyst; a soft number reduces Fed rate hike fears and gives NVDA room to recover toward $215 resistance. Track live NVDA data at nvidia.com and nasdaq.com. 

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