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Nvidia shares fell after the US approved H200 chip sales to China, with investors also focused on an expected Fed rate cut and mixed economic data impacting market sentiment.
Nvidia invested $2 billion in Synopsys, expanding AI partnerships amid concerns on deal overlaps; Nvidia shares fell nearly 2%, Synopsys rose 7%.
NVIDIA and Tesla stocks plunged sharply, with losses of 4.77% and 7.48% respectively, signaling strong bearish sentiment among investors.