Nvidia Slides Third Session as Tech Sell-Off Pressures AI Chip Stocks
NVDA•Nvidia shares have fallen alongside Micron and Sandisk after Nasdaq futures slid during a global tech sell-off, marking the chipmaker’s third straight session of declines. The pullback reflects a rotation of “hot money” away from AI leaders as investors reassess stretched sector valuations.
1. Tech Sell-Off Weighs on Nvidia
Nasdaq futures tumbled earlier in the session, dragging down major tech names including Nvidia, Micron and Sandisk. The drop in futures signaled a broader risk-off mood, with investors selling high-beta and growth-oriented stocks ahead of key macroeconomic data.
2. Rotation Out of AI Stocks
Nvidia has now declined for three consecutive trading days as investors shift capital away from AI-focused semiconductor firms. This rotation reflects growing concerns over lofty profit expectations and a search for more defensive or undervalued opportunities.
