Nvidia's stock price dropped 5.5% on Thursday, a decline of over 10 points, despite the company's quarterly sales exceeding $68 billion, surpassing expectations. This unexpected decline suggests that market overattention to Nvidia may be waning, and traders seem to be taking a more cautious stance on the strong performance, indicating that the explosive hype surrounding this AI leader since 2020 may be cooling off.
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Nvidia's stock price dropped 5.5% on Thursday, a decline of over 10 points, despite the company's quarterly sales exceeding $68 billion, surpassing expectations. This unexpected decline suggests that market overattention to Nvidia may be waning, and traders seem to be taking a more cautious stance on the strong performance, indicating that the explosive hype surrounding this AI leader since 2020 may be cooling off.