NVDA News Today, Nov 12: Nvidia Slides on SoftBank Share Sale

On November 12, Nvidia’s share price slid by 2.5% following SoftBank’s announcement of selling its entire stake in the company. This move raises eyebrows about the sustainability of current AI sector valuations. Nvidia’s decline is part of a broader tech stock retreat, contributing to a 0.25% slide in the Nasdaq Composite. Today, we explore the implications of this sale, the AI sector’s volatility, and what this means for tech stocks overall.