The stock slipped 0.29% to $207.24 early Thursday after jumping 5.8% on Wednesday and reclaiming the $200 level.
The move came as investors were reminded of Nvidia GPUs' AI importance after SpaceX and Anthropic unveiled a deal involving more than 220,000 Nvidia chips.
The partnership will provide Anthropic access to over 300 megawatts of capacity at SpaceX's Colossus 1 data centre in Tennessee, even as broader chip enthusiasm has recently focused on CPUs.
With Anthropic also buying millions of Google chips, is Nvidia's dominance in the AI market starting to crack?
Is Elon Musk turning SpaceX into an AI cloud provider to challenge the dominance of Amazon and Google?
As AI's energy thirst strains power grids, can corporate pledges prevent a looming environmental and community crisis?