Nasdaq extends decline to 2.6%, eyes on Nvidia

April 21, 2025
-FXnews

There is an article doing the rounds in a source that I’m not sure is reputable but it says Nvidia is having a serious issue with an upcoming chip and “has delayed the device by months so far with no fix in sight.”

That’s certainly not helping as Nvidia shares are down 5.4% to $95.98.

It’s part of a broad selloff in the Nasdaq that has the index down 2.6% to the worst levels since Trump paused his ‘reciprocal but not reciprocal’ tariffs for 90 days.

As for Nvidia, it’s held lows in the $90 range several times in the past 10 months

Nasdaq extends decline to 2.6%, eyes on Nvidia

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