Nvidia stock sinks as chip sell-off deepens on hot inflation data - Yahoo Finance

“Nvidia's shares fell sharply as a broader chip sell‑off intensified, triggered by unexpectedly high inflation data that raised concerns about tighter monetary policy and reduced consumer spending on electronics. The dip reflects investors’ worries that higher interest rates could dampen demand for high‑end GPUs and data‑center chips, potentially slowing growth in AI and gaming sectors. Expert Analysis: The sell‑off underscores the sensitivity of semiconductor valuations to macroeconomic signals; a sustained rate hike could compress margins for chipmakers, prompting a shift toward cost‑efficient product lines and potentially accelerating consolidation in the industry.”