# Nvidia Shares Drop 26% as Jensen Premium Fades

> Nvidia stock falls 26% in past month as market loses Jensen premium.
- Title: Nvidia Shares Drop 26% as Jensen Premium Fades · Seekingalpha
- Summary: Nvidia stock falls 26% in past month as market loses Jensen premium. Nvidia shares dropped 26% over the past month after losing the Jensen premium, with…
- Keywords: nvidia, jensen premium, ai custom asic, nvda, stock drop, market reaction, Seekingalpha
- Source: Seekingalpha — https://seekingalpha.com/article/4965979-nvidia-jensen-not-going-anywhere
- Published: 2026-11-10T20:03:34+00:00
- Read time: 1 min
- Topics: nvidia, jensen premium, ai custom asic, nvda, stock drop, market reaction, money, business
## Nvidia Shares Down 26%
Nvidia shares dropped 26% over the past month, trailing peers and losing the Jensen premium.
## Valuation at 19.2x P/E
Forward P/E at 19.2x and PEG at 0.38x now trade below sector and historical averages.
## AI Custom ASIC Risk
Analysts warn of AI custom ASIC overhang through mid-2027, urging a trade over buy-and-hold.
## Key takeaway

Nvidia shares dropped 26% over the past month after losing the Jensen premium, with analysts recommending a trade rather than a buy-and-hold position due to AI custom ASIC risks through mid-2027.