Nvidia Corporation ($NVDA) experienced a significant stock plunge, contributing to a record weekly market-cap loss among the 'Magnificent Seven' tech companies. This downturn has placed Nvidia in correction territory, raising concerns about the stability of AI-led tech stocks. The Nasdaq Composite Index, heavily influenced by tech stocks, has also suffered, reaching its lowest level since January 31 after six consecutive sessions of losses. The market is closely watching Nvidia, especially given its role in powering large language models (LLMs) with its GPUs.
New post about GPU calculated demand for text based LLMs. $NVDA https://t.co/HewxyLUujS
Will $NVDA crash this week?
$NVDA | Nvidia In Correction Territory — Did AI-Led Tech Stock Bubble Just Burst? This Data Point Offers A Clue. The tech-heavy Nasdaq Composite Index has pulled back to its lowest level since Jan. 31, dragged by six consecutive sessions of losses. The next few weeks will… https://t.co/69DzrGs2sg
Nvidia stock plunge leads ‘Magnificent Seven’ to a record weekly market-cap loss https://t.co/678ZbtZi70
What's your 2cents on $NVDA? https://t.co/M9PcIftOpM https://t.co/FWssOm9Njf