Discuss what level of pullback this Nvidia decline belongs to

As of 12/12 (close), NVDA closed at 175.02.
• Down ~-17.5% from its all-time intraday high of 212.18;
• Down ~-15.5% from its all-time closing high of 207.03.
How significant is a 15% pullback in NVDA’s history?
Frankly: For a high-volatility, high-Beta stock like NVDA, 15% is more like a "routine-level correction"—nothing unusual.
By common metrics (measuring pullbacks from interim highs, counting new ones after rebounds), 1–2 occurrences per year are normal, and more volatile years might see 3.
What typically causes terrifying deep pullbacks (50%+)?
Rarely from a single negative catalyst; usually a combo of "macro valuation contraction + company guidance cuts":
• 2018–2019 (~-56%): Crypto mining collapse → channel inventory glut → guidance implosion.
• 2021–2022 (~-66%): Rate-hike valuation crush + gaming/PC demand slump + inventory write-downs/guidance cuts + export control disruptions.
Thus, to see a 50%+ pullback this time, we’d likely need harder combo hits:
AI infrastructure CapEx slowdown + material guidance/gross margin cuts + macro re-tightening (sharp rate hikes) + geopolitical/policy escalation.
Otherwise, it’s mostly high-level froth-squeezing and capital rebalancing, awaiting fundamental validation.
For long-term investors like me: Tiered pullback execution:
• -10% ~ -20%: Treat as normal adjustment; core holdings unchanged; liquidity reserves deployed per plan.
• -25% ~ -35%: Sentiment and valuations improve; scale up buying.
• -50%+: Beyond "cheap or not"—requires reassessing structural shifts in CapEx/guidance/margins/order visibility. No such combo visible now.
I’ve placed tentative bids at 165 and 160, awaiting market response.
The above is personal record-keeping only—not investment advice.