Impact of 43-Day US Shutdown End on NVDA and Tech Sector (2025)

The US government shutdown ended on November12,2025 after a record-breaking 43 days [1], releasing a backlog of economic data including the rescheduled September jobs report (Nov20) [4]. For NVDA, short-term volatility was observed: +4% on Nov14 (post-shutdown) but -2.19% the next day, closing at $186.60 on Nov17 [0]. A separate factor—SoftBank’s $5.83B sale of its entire NVDA stake—contributed to a 3% drop in price [2]. Medium-term, historical analysis shows tech stocks (Nasdaq) outperform broader indices over 3 months post-shutdown with gains ranging from7.1% to13.1% [3], driven by reduced regulatory oversight and a rebound in risk appetite.

1. Cross-Domain Impact
   : Delayed economic data affects Fed policy decisions, critical for NVDA (a rate-sensitive high-growth stock with a P/E ratio of52.5x [0]).
2. Dual Pressure
   : NVDA faces short-term headwinds from SoftBank’s sale and shutdown-related uncertainty, but long-term bullishness persists due to strong AI demand (data center revenue accounts for88.3% of total [0]) and historical tech trends.
3. Sector Dynamics
   : The tech sector (-0.31% as of Nov18 [0]) lags defensive sectors now, but is expected to rebound as risk appetite returns post-shutdown.

• Valuation Risk
  : NVDA’s elevated P/E ratio (52.5x) may make it vulnerable to market volatility if delayed economic data leads to shifts in Fed policy expectations [0].
• Institutional Sentiment
  : SoftBank’s stake sale signals short-term institutional caution, warranting careful monitoring [2].

• Historical Rebound
  : Tech’s post-shutdown outperformance trend offers medium-term upside potential [3].
• AI Demand
  : Strong demand for AI servers supports NVDA’s core revenue streams [0].

• NVDA Metrics
  : Nov17 close $186.60; market cap $4.54T; 73.4% Buy ratings with a consensus target of $235 (+25.9% [0]).
• Rescheduled Data
  : US International Trade (Nov19), September jobs report (Nov20), inflation reports (delayed to Nov26+ [4]).
• Sector Trends
  : Defensive sectors (Utilities +0.84% [0]) lead short-term; tech sector expected to recover in the medium term.