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Nvidia Stock Continues Slide Amid Tech Sell-Off
Nvidia stock continued its weeklong slide on Friday, pulling the Philadelphia semiconductor index, known as SOX, lower.
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cryptobriefing.com
Wall Street ends lower on semiconductor selloff amid AI spending concerns
The Nasdaq fell 2.2% and the S&P 500 dropped 1.4% as semiconductor stocks sold off amid growing concerns about hyperscaler AI spending sustainability.
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Nvidia trades cheaper than semiconductor sector, says Tony Zhang
Tony Zhang of OptionsPlay says Nvidia trades at a discount to the semiconductor sector, with forward P/E multiples of 22-25x near the $200 support level.
