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Nvidia (NVDA) Slips on Profit-Taking Ahead of Earnings; AI Competition Looms

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The Story

News Summary

  • Nvidia shares declined 1.5% Monday as investors took profits after a strong rally, with earnings Wednesday as the key catalyst.
  • Wall Street expects another beat-and-raise, but competition in AI inference and CPU alternatives pose emerging risks.
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NVDA price history

219.34 +22.20% over the displayed period

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