Nvidia Shares Fall 3.0% as Cash Conversion Draws Scrutiny
Nvidia shares were down 3.0% at $214.63 at 9:47 a.m. ET on October 15. Baird strategist Ted Mortonson questioned chipmakers’ growing role in financing the AI boom during a Yahoo Finance interview.
Nvidia, the AI-computing supplier NASDAQ:NVDA, faces sharper scrutiny over financing the AI boom, with shares trading at $214.63, down 3.0%, at 9:47 a.m. ET on October 15. In a Yahoo Finance interview, Baird strategist Ted Mortonson questioned chipmakers' growing financing role. That puts cash coll…