Nvidia Shares Fall About 6%, Lag Semiconductor Index by Over 10 Points
Nvidia shares are down about 6%, more than 10 percentage points behind the PHLX Semiconductor Index. The headline describes the slump as the stock’s worst since 2019.
By Mike DeStefanoNvidia is widely considered a leader in the semiconductor industry. But today, it is the laggard. The AI chip giant's shares are down about 6%, or more than 10 percentage points behind the PHLX Semiconductor Index. The stock, dogged by an investigation into Nvidia's CEO and an affa…