Nvidia Corp. shares dragged on the broader chip sector on the first day of 2023 trading Tuesday as the chip maker rolled out a slew of announcements targeted at the videogame and auto markets. Nvidia (NVDA) shares fell as much as 3.5% to an intraday low of $140.96, and were last down 2.5%. In comparison, the S&P 500 index (SPX) was off 0.7%, and both the tech-heavy Nasdaq Composite Index (COMP) and PHLX Semiconductor Index (SOX) were down 1%. Read More...
Nvidia Corp. shares dragged on the broader chip sector on the first day of 2023 trading Tuesday as the chip maker rolled out a slew of announcements targeted at the videogame and auto markets. Nvidia (NVDA) shares fell as much as 3.5% to an intraday low of $140.96, and were last down 2.5%. In comparison, the S&P 500 index (SPX) was off 0.7%, and both the tech-heavy Nasdaq Composite Index (COMP) and PHLX Semiconductor Index (SOX) were down 1%.