# More than three-quarters of FTSE 350 firms have outperformed Nvidia this year

- URL: https://talkfuse.com/story/more-than-three-quarters-of-ftse-350-firms-have-outperformed-nvidia-this-year/
- Published: 2026-11-09T16:51:46+00:00
- Updated: 2026-11-09T17:27:38+00:00
- Original publisher: City AM (publisher lean: Right)
- Original article: https://www.cityam.com/more-than-three-quarters-of-ftse-350-firms-have-outperformed-nvidia-this-year/
- Topics: AI, Business, Markets, Technology

## Key points

- More than three-quarters of FTSE 350 firms beat Nvidia this year.
- Nvidia shares have fallen over 7 per cent year to date.
- Investors are weighing AI concerns and a shift towards defensive sectors.

## Summary

More than three-quarters of FTSE 350 companies have outperformed Nvidia so far this year, as the chipmaker’s shares have fallen amid concerns about high AI valuations and a scandal involving chief executive Jensen Huang. The comparison highlights a shift in market performance away from technology shares, while questions grow about the durability and financing of the AI investment boom.

At Monday’s close, 68 FTSE 100 firms and 202 FTSE 250 members had beaten Nvidia’s year-to-date share performance, according to the article’s analysis. The FTSE 100 was up 9.3 per cent on an equal-weight basis, while Nvidia had lost more than 7 per cent; its shares fell sharply after reports of Huang’s relationship with a customer who was alleged to be a Chinese spy, prompting an internal investigation. Nvidia’s market value briefly dropped by as much as $200bn (£150bn), following an earlier decline from about $240 in early October to $180 a month later.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.