Nvidia was the heaviest weight on the market after the chip company lost 4.7%.

Investors piled back into artificial intelligence names on Monday stateside. "AI-related stocks should drive equity markets," an analyst said.

Nvidia sank 2.4% after SoftBank, a Japanese technology giant that had been a major investor, said it had sold its entire stake last month for $5.83 billion.

CoreWeave, a close partner to Nvidia, tumbled 17% Tuesday.

Nvidia was the heaviest weight on the market after the chip company lost 4.7%.

Nvidia's results next week could soothe some rattled nerves around high-priced tech stocks that have weighed on the market.