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Nvidia (NVDA) Stock Falls 3% as Inflation Data Deepens Chip Sell-Off

By Trader Edge at 2026-11-06 14:33

Sentiment: Negative

TLDR Nvidia (NVDA) fell 3.2% to $221.30 on Wednesday, after closing at $228.52 the day before. Hotter-than-expected September inflation data raised fears of more Fed rate hikes and a higher cost of capital. CoreWeave (CRWV) dropped more than 16% on debt worries, while ASML, Micron and SK Hynix also fell. Analysts still rate NVDA a [...] The post Nvidia (NVDA) Stock Falls 3% as Inflation Data Deepens Chip Sell-Off appeared first on CoinCentral. Continue reading...

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