Nvidia’s stock sinks, wiping out six months of gains as the AI trade unravels

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Nvidia Corp.’s stock is sinking toward its lowest levels in months as the artificial-intelligence trade continues to unravel.

Shares of Nvidia

NVDA are down 9.7% in afternoon trading Monday, having wiped out nearly six months of gains since closing at $108.10 on Sept. 10, 2024, according to Dow Jones Market Data.

This post was originally published on Market Watch

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One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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