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Nvidia's stock has entered a correction phase, with shares down around 10% from recent highs. The correction is attributed to various factors, including market conditions and news related to Google's chips. The stock's decline has caught the attention of analysts and investors, with questions arising about the impact on AI and the broader market.
$NVDA (-1.4% pre) Nvidia enters correction territory as stock falls 10% from all-time highs - CNBC https://t.co/YQQmpEGiYD
BofA on $NVDA Since an all-time high of $950/sh on Mar-25 following its GTC tradeshow, NVDA is down about -11%, underperforming the SOX/SPX. Volatility is not new, the current selloff marks the 9th time NVDA stock has declined ~10% or more since ChatGPT was launched back in…
Nvidia $NVDA has entered “correction territory,” with its shares now down 10% from their most recent all-time closing high - CNBC