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Why Nvidia Stock Plunged 10% Today

TheMotleyFool

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Why Nvidia Stock Plunged 10% TodayPhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png

It's rare for a $2 trillion stock to fall on no direct news, but that's exactly what happened to Nvidia (NASDAQ: NVDA) today.

Shares of the AI chip leader got swept up in a broader AI sell-off after one analyst noted that Super Micro Computer (NASDAQ: SMCI), another AI stock leader, failed to report preliminary revenue, casting doubt on its upcoming results.

That news caused Nvidia to fall 10%, while Supermicro lost 23.1% today.

Source Fool.com

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