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Wajeeh Khan

Nvidia Stock Breaks 100-Day Moving Average on Q3 Earnings Selloff. Should You Buy the NVDA Dip?

Nvidia NVDA Vivek Arya BofA

Nvidia (NVDA) shares closed lower on Nov. 20 amid a broader rout in tech stocks driven by artificial intelligence (AI) bubble concerns and expectations of higher-for-longer interest rates. 

The semiconductor giant reported another blockbuster quarter and issued solid guidance for its Q4 this week, explicitly calling these concerns “overblown” on the earnings call. 

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