Motley Fool
Why Nvidia Stock Dropped, Popped, and Dropped Again Today
After dropping steeply early Thursday morning, then recovering in the late morning, it’s afternoon now, and Nvidia (NASDAQ: NVDA) stock is down again — by 2% as of 2:25 p.m. ET. It’s not entirely clear what has investors upset with Nvidia, though. On the one hand, Advanced Micro Devices (NASDAQ: AMD) just revealed that it has won some more business from Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), which chose to use AMD EPYC processors to power Google Cloud’s new “C2D virtual machine” offering.
Source: https://finance.yahoo.com/news/heres-happened-between-china-regulator-115156515.html