Nvidia Stock Slips at the Start of Crucial Quarter
Nvidia stock slid at the start of a crunch quarter for the chip company. Shares fell 3.7% to close at $117. The tech sector took a hit after Iran fired missiles at Israel, escalating the conflict in the Middle East. Nvidia has climbed 136% in 2024, cementing its status as an artificial-intelligence bellwether. The fourth quarter is crucial for growth as the chip designer is expected to ramp up production of its new Blackwell graphics processing units. The Federal Reserve's policy decisions and the filing fo