🔴 NVIDIA is trading 3.04% down today after investors reduced semiconductor exposure

NVIDIA is trading 3.04% down now at $208.19 after investors reduced semiconductor exposure ahead of the company’s August 26 earnings report.

• SOXX is down 3.39%, while Micron is falling sharply amid concerns about AI-chip demand sustainability and elevated valuations.
• Reuters reported that technology stocks pressured the Nasdaq as markets awaited NVIDIA’s results and broader macro catalysts.