What’s Going On With Nvidia Stock Friday?

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Nvidia Corp (NASDAQ: NVDA) stock continued to remain jittery Friday after a two-day slide amid rising Treasury yields and China’s retaliatory move against Apple Inc (NASDAQ: AAPL) iPhone, including Huawei Technologies Co, Ltd’s smartphone launch triggering a selloff in the tech sector. Broader indexes represented by SPDR S&P 500 (NYSE: SPY) and Invesco QQQ Trust, Series 1 (NASDAQ: QQQ) lost close to 2% this week. Meanwhile, Nvidia’s former acquisition target Arm Ltd shared ambitious forecasts driven by the demand for chips in data centers and AI. The Softbank Group Corp (OTC: SFTBF) (OTC: SFTB…

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