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Why Nvidia Stock Dropped Again Today
Semiconductor star Nvidia (NASDAQ: NVDA) is tumbling along with the rest of the market this afternoon, down 2% as of 11:45 a.m. ET. Right now, according to DigiTimes, this is more of a threat to companies like Qualcomm, Broadcom, and Skyworks Solutions, rather than Nvidia per se. In the long term, that could be bad for Nvidia if it shrinks the market for graphics chips in general.