Has the great Nvidia stock price crash started?
The Nasdaq has wobbled, and Nvidia (NASDAQ: NVDA) stock is down 7% since its all-time high set earlier in August.
Analysts are increasingly pointing to a split in the US stock market. There are high-flying AI-driven tech stocks. Then there’s all the rest, which observers have described as muddling along.
Is change coming? Reuters reported Friday (22 August) that Nvidia has told companies contributing to its H20 chips — designed for the Chinese market — to suspend production. We don’t know why yet.
Some signs suggest, at least to me, that we could be approaching a pivot point for AI technology.
Data analytics and AI software specialist Palantir Technologies has fallen…
