NVDA is trading at $174.59 (-3.19%) as weak ADP jobs data and hawkish Fed expectations drive profit-taking across the AI sector.
- Shares are extending losses for a third straight session, tracking a 1.15% drop in the NASDAQ following employment data that missed estimates at only 22,000 jobs added.
- Sector pressure remains high following Anthropic's new AI tool release and the clarification of stalled $100B OpenAI investment rumors.