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Nvidia enters correction territory as stock falls 10% from all-time highs - TL;DR CNBC

Nvidia enters correction territory as stock falls 10% from all-time highs

Publishing timestamp: 2024-04-10 13:49:17


Summary

Nvidia's stock enters "correction territory" after falling 10% from all-time high, possibly due to profit-taking and competition from Intel's new AI chip. Analysts predict shrinking AI models could impact Nvidia's stock in the future.


Sentiment: MIXED

Tickers: NVDAINTC

Keywords: intel corpnvidia corpbusiness newstechnologybreaking news: technologyinternet

Source: https://www.cnbc.com/2024/04/10/nvidia-nvda-stock-down-10percent-from-highs-in-correction-territory.html


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