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Why Nvidia Stock Slumped Today

TheMotleyFool

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"Buy the rumor, sell the news." That appears to be investors' motto today, as shares of Nvidia (NASDAQ: NVDA) suffer through their second day of declines since CEO Jensen Huang's keynote presentation at the virtual GPU Technology Conference yesterday.

As of 11:30 a.m. EST, shares of the artificial intelligence and graphics semiconductors specialist had slumped 2.2% -- but that's not to say that the news was bad.

Image source: Getty Images.

Source Fool.com

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