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Barchart
Barchart
Wajeeh Khan

Down 7% in the Past Month, Should You Buy the Dip in Nvidia Stock Today While You Still Can?

Nvidia (NVDA) shares closed 2.7% lower on Friday after peer Broadcom (AVGO) confirmed its custom chips (XPUs) are now gaining traction among hyperscalers. 

The company has reportedly secured a $10 billion commitment from OpenAI which serves as a headline-grabbing example of the momentum it talked about on the latest earnings call. 

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