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NVIDIA Corporation drawdown: 7.4% below the all-time high

NVIDIA Corporation is 7.4% below its all-time high, set May 14, 2026 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−7.4%
92.6% of ATH
All-time high
$235.74
May 14, 2026
Time below the high
4 mo
since May 14, 2026
Worst-ever drawdown
−89.7%
Oct 9, 2002
Longest underwater
8.6 yrs
between all-time highs
Today's level first reached
May 11, 2026
4 mo ago
Last time this deep
May 5, 2026
in a previous episode

% of all-time high since 1999#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
NVDA close · log0.050.505.0050.00
200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Jan 3, 2002Oct 9, 2002−89.7%9 moNov 13, 20064.9 yrs
Oct 17, 2007Nov 20, 2008−85.1%13 moMay 13, 20168.6 yrs
Jun 21, 2000Dec 21, 2000−67.8%6 moApr 20, 200110 mo
Nov 29, 2021Oct 14, 2022−66.4%10 moMay 25, 202318 mo
Oct 1, 2018Dec 24, 2018−56.1%3 moFeb 14, 202016 mo
Mar 13, 2000Apr 14, 2000−53.9%32 daysJun 16, 20003 mo
Jun 7, 2001Oct 2, 2001−51.9%4 moNov 6, 20015 mo
Feb 19, 2020Mar 16, 2020−37.6%26 daysMay 11, 20203 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 1999: how far NVIDIA Corporation stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is NVIDIA Corporation from its all-time high?
NVIDIA Corporation is currently 7.4% below its all-time high, set May 14, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest NVIDIA Corporation drawdown ever?
The deepest decline on record in our data (since 1999) took NVIDIA Corporation 89.7% below its prior high, bottoming Oct 9, 2002. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from NVDA; no free deep history exists for NVIDIA Corporation — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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