The GraniteShares 2x Long NVDA Daily ETF (NVDL) closed down 4.65% to $66.39 on December 31, as Nvidia's stock fell 2.20% to $134.47 amid broader market pressures. Nvidia, a leader in AI technology, has seen its shares soar over 177% this year, marking a significant performance streak. However, the stock faced headwinds today, contributing to the ETF's decline. The semiconductor index, represented by SOX, also dropped 0.93% to 4979.93, reflecting a challenging environment for chip stocks. Nvidia's recent inclusion in the Dow Jones Industrial Average highlights its prominence, yet today's market dynamics overshadowed its strong annual performance.