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Nvidia (NVDA) Tumbles as Alibaba AI Chip, Slowing Growth Stokes Tech Selloff

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The Story

News Summary

  • Nvidia shares fell about 3% as tech stocks slid amid AI concerns; Alibaba's new AI chip and slowing Nvidia growth weigh on sentiment alongside higher core inflation complicating Fed rate-cut hopes.
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NVDA price history

218.29 +19.87% over the displayed period

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