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Nvidia (NVDA) Tumbles Despite Earnings Beat as Rising Rates Dampen AI Optimism

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The Story

News Summary

  • Nvidia's shares initially surged on strong earnings and bullish outlook but tumbled amid concerns over rising interest rates, dragging markets lower despite solid AI demand.
  • Himax shares rose on AI tech optimism, but macroeconomic fears and rate hikes weighed heavily on high-growth tech stocks.
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NVDA price history

218.29 +19.87% over the displayed period

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