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Why Nvidia Stock Dropped Again Today

Why Nvidia Stock Dropped Again Today

On a day chock-full of semiconductor news, shares of Nvidia (NASDAQ: NVDA) took another turn for the worse. As fellow chip giants Intel (NASDAQ: INTC) and Seagate (NASDAQ: STX) reported earnings numbers that sent their stocks rushing off in opposite directions, Nvidia stayed more or less mum. Result: As of 12:30 p.m. ET, Nvidia stock is down 2.9%.