SMCI - What's Going On With Nvidia Stock On Tuesday? | Benzinga
Nvidia Corp (NASDAQ:NVDA) has seen a significant drop in its stock price after briefly becoming the world's most valuable company last week. The decline has also affected other tech companies linked to the AI boom, CNBC reports.
Super Micro Computer Inc (NASDAQ:SMCI), which sells servers equipped with Nvidia's AI chips, fell 8.7%, and Dell Technologies Inc (NYSE:DELL), a competitor in that market, saw a 5.2% decline. Arm Holdings Plc (NASDAQ:ARM), a chip designer, dropped 5.8%, and semiconductor giants Qualcomm Inc (NASDAQ:QCOM) and Broadcom Inc (NASDAQ: