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NVIDIA Shares Drop 3% as Chip Sector Slides

Intel logoIntel
Sig1.25Sen-1.35Env0.00Soc0.00Gov0.00
NVIDIA logoNVIDIA
Sig0.90Sen-1.60Env0.00Soc0.00Gov0.00
AMD logoAMD
Sig1.25Sen-2.65Env0.00Soc0.00Gov0.00

NVIDIA shares fell about 3% to $214.55 as the broader semiconductor complex retreated, with AMD also down around 3% and large-cap tech lagging on a risk-off session. The move was attributed to yield-driven valuation pressure and a rotation away from heavily crowded, fast-rising names despite strong recent growth, including Q2 FY2027 revenue up 105.85% and a Q3 FY2027 guide to $108 billion.

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