TECH - What's Going On With Nvidia Stock Tuesday? | Benzinga
Nvidia Corp (NASDAQ: NVDA) is trading lower Tuesday in line with the broader indexes Invesco QQQ Trust, Series 1 (NASDAQ: QQQ), and SPDR S&P 500 (NYSE: SPY).
A lot is happening in the semiconductor space, including British chip designer Arm Ltd eyeing a valuation of $50 billion - $54 billion for its U.S. IPO, China launching its war chest against U.S. semiconductor sanctions, and Nvidia CEO Jensen Huang's meeting with Indian Prime Minister Narendra Modi.