NVIDIA shares are trading lower amid possible profit taking as the stock pulls back after surging this year on AI optimism.
Portfolio Pulse from Bill Haddad
NVIDIA shares are trading lower due to potential profit-taking, as the stock pulls back after a significant surge this year driven by optimism around AI.
June 26, 2023 | 4:14 pm
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NVIDIA shares are trading lower as investors may be taking profits after the stock's strong performance this year, fueled by AI optimism.
NVIDIA shares are trading lower, which is likely due to investors taking profits after the stock's significant surge this year. The surge was driven by optimism around AI, which has been a major growth driver for the company. This profit-taking could lead to a short-term decline in the stock price.
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