Why AI Leader Nvidia Dipped 10% This Week
ASMLASML Holding(ASML) 24/7 Wall Street·2024-04-20 20:15

Why AI Leader Nvidia Dipped 10% This Week Shutterstock / rafapress 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 markets, dampening the mood and reminding investors of just how influential big tech stocks can be, in go ...