Nvidia cools down as investors expect growth slowdown
Nvidia, the company that became synonymous with the AI gold rush, is having a moment of quiet reckoning.
Nvidia, the company that became synonymous with the AI gold rush, is having a moment of quiet reckoning. Shares have pulled back to around $210-212, down from a record close of $235.47 set on May 14, representing a decline of roughly 10% from the peak.
The sell-off accelerated in mid-September, with shares dropping approximately 2.7-3.6% over a two-day stretch between September 14-15. Competitors like Broadcom and AMD have seen even steeper declines during the same window.
First reported by Crypto Briefing.
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