Nvidia's third-quarter outlook was a letdown for traders anticipating bigger wins, culminating in a 6.4% drop in its stock, despite a strong earnings beat.
The semiconductor sector may be facing a gloomy mood, yet dip-buyers could find this downturn to be an opportunity to acquire quality stocks at decent prices.
While Nvidia's impressive earnings initially moved the market, the flat performances of the S&P 500 and Nasdaq suggest they don't depend solely on Nvidia's momentum.
[
Collection
]
[
|
...
]