NVIDIA Corp. (NASDAQ:NVDA) shares fell more than 2% Monday as weakness in technology stocks weighed on the chipmaker ahead of its Aug. 26 earnings report.
The Nasdaq fell 0.78%, the S&P 500 slipped 0.19% and the Technology sector dropped 1.5%.
• NVIDIA shares are experiencing downward pressure. Why are NVDA shares declining?
Nvidia is entering its next phase of AI growth as Blackwell Ultra shipments rise, Vera Rubin begins its initial ramp and the company expands across compute, networking, software, infrastructure and financing.
Cantor Sees Nvidia Expanding Beyond GPUs
