NVIDIA Watch posted an update
Nvidia shares fell 4.12% to $171.31 in early trading on Tuesday, as US markets opened lower after inflation came in hotter than expected, Share Talk reports. October’s monthly inflation rate was 0.4%, against economists’ expectations of 0.3%.
Why it mattersThe Nasdaq was down 0.81% at the opening bell, while semiconductor stocks were among the early fallers. Share Talk also notes that CoreWeave edged up 0.69%, a reminder that AI-linked shares did not all move in lockstep. That gives investors another snapshot of how inflation concerns and company-specific scrutiny are weighing on Nvidia. One morning’s trading is a market move, not a verdict.
Discuss: Should AI infrastructure stocks be judged mainly by their growth prospects, or by how exposed they are to interest rates?
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