- NVDA is trading at $203.29 (-2.57%) as a broad tech selloff impacts semiconductor stocks and high-beta AI names.
- The Nasdaq Composite is down approximately 1.3% to 2.5% amid a global risk-off move and sector-wide weakness.
- The decline comes despite NVIDIA's announcement today of its 'Halos for Robotics,' a new comprehensive safety solution for robotic operations.
- Investors appear to be rotating out of chip shares, with broader market trends outweighing company-specific positive news.