Nvidia Drops Nearly 10% to Under $100 Amid Broader Semiconductor Sell-Off 📉
Nvidia's stock plunges nearly 10%, dragging other semiconductor stocks down in premarket trading. Discover the reasons behind the chipmaker's decline and what it means for investors.
About this video
Nvidia is falling along with the rest as the tide ebbs and the underperformance of Nvidia is due to the fact that it has outperformed the high-flying tech stocks amid the market upturn seen since 2023. The Jensen Huang-led company also hit with a negative headline regarding the rumored delay in its next-gen Blackwell accelerators.
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Published
Aug 5, 2024
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