Live news: Nvidia extends slide with shares down 5% – Financial Times

From Financial Times.: 2024-06-24 11:52:44

Nvidia’s shares dropped by 5% recently, extending their slide. The chipmaker’s stock fell even as markets rallied, bringing its loss for the week to 12%. This news comes after Nvidia issued a weaker-than-expected revenue forecast for the current quarter. Investors may be concerned about potential headwinds facing the company, including disruptions in the supply chain and rising costs. The tech giant’s stock has been under pressure recently, down over 30% from its peak in October. Analysts will be closely watching for any updates on Nvidia’s performance in the coming weeks.



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