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Nvidia stock is rebounding 2% today: are competition threats getting serious?
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Nvidia stock is rebounding 2% today: are competition threats getting serious?
Nvidia stock (NVDA) moved higher on Thursday, recovering some ground after two consecutive losing sessions.Shares of the chipmaker rose 2% to $209.09 in early trading.Despite recent volatility, Nvidia stock remains up 9.8% year to date through Wednesday's close and has gained 41% over the past 12 months.That performance, however, has lagged the broader semiconductor sector. Over the same period, the PHLX Semiconductor Index advanced 170%, reflec…
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