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Zenger
Zenger
Business
Shanthi Rexaline

AI-Powered ETF Dumps Nvidia In June For A FAANG Stock

TAIPEI, TAIWAN - 2023/06/01: NVIDIA logo at supermicro keynote during the COMPUTEX 2023.  (Photo by WALID BERRAZEG g/SOPA Image/LightRocket via Getty Images)

Nvidia Corp.’s (NASDAQ:NVDA) strong artificial intelligence-fueled rally has alienated some hardcore loyalists on fears that the stock may have gotten ahead of itself.

TAIPEI, TAIWAN – 2023/06/01: NVIDIA logo at supermicro keynote during the COMPUTEX 2023.  (Photo by WALID BERRAZEG g/SOPA Image/LightRocket via Getty Images) 
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