Nvidia Shares Fall 0.8% in Premarket Trading
Nvidia shares were down 0.8% in premarket trading Tuesday, as selling continued across AI and chip stocks. Rumors of major chip purchases from China did not appear to support the stock.
Nvidia shares fell on Tuesday as selling pressure persisted across AI and chip stocks, following a brief respite on Monday from a two-week rout. Rumors of major chip purchases from China also appeared unlikely to support the stock. Nvidia was down 0.8% in premarket trading on Tuesday.