Nvidia Stock Wavers As AI Chip Firm's Outlook Misses; Is Nvidia A Buy Or Sell Now?
Nvidia opened higher on Friday but pared gains and fell after AI chip leader Broadcom slid after it reported July-quarter results late Thursday. Nvidia shares remain below the 50-day moving average. On Wednesday, shares fell amid news that the Department of Justice was investigating antitrust regulations concerning the artificial intelligence chip company.