Why Nvidia Stock Fell on Friday

·2 min read
Why Nvidia Stock Fell on Friday

For the fourth day in a row, semiconductor stock Nvidia (NASDAQ: NVDA) fell in trading today -- and was down 2.6% as of 10:30 a.m. ET. While still at its core a graphics chip manufacturer, in recent years Nvidia's chips have become increasingly popular for use in cryptocurrency mining. Problem is, cryptocurrencies are flagging today, with Bitcoin, for example, down nearly 12% over the past 24 hours and Ethereum falling nearly 15%.

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