Nvidia Slide Underscores Volatility Stalking US’s Hottest Stock
- Gauge of Nvidia’s 10-day volatility twice as high as Bitcoin’s
- The stock sees biggest drop since April in shift from tech
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The artificial-intelligence boom has made one of the hottest US stocks even more volatile than the largest cryptocurrency.
Nvidia Corp., whose stock-price had surged sharply as companies spend billions on its computer chips, slid 7% on Tuesday in its steepest drop in more than three months, wiping $193 billion from its market value.