Why AI Leader Nvidia Dipped More Than 10% This Week

24/7 Wall St.

AI phenomenon Nvidia (Nasdaq: NVDA) got the wind taken out of its sails this week. After tumbling 10% from fresh all-time highs of almost $1,000 seen in March, Nvidia stock found itself slipping below the psychologically sensitive $800 level. Given its roughly 5% weighting in the S&P 500, Nvidia’s performance also weighed on the broader […]

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