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Nvidia is getting hit harder than the rest of the tech sector (NVDA)





FILE PHOTO: Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu


Shares of Nvidia are down 5.30% to $199.71 on Wednesday, as the tech sector at large sells off.

The slide on Wednesday continues Nvidia’s fall from the previous day, which came after Mizuho analyst Vijay Rakesh called an end to the crypto boom for Nvidia and other graphics chip makers. Nvidia’s graphics cards are often used by cryptocurrency “miners” to try and speed up their systems, and the company has seen increased demand as cryptocurrencies skyrocket in read more >>>

Source:: BusinessInsider.Com

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