Stock Market Today: Nvidia Slips After New High, Outperforms in Soft Tech Session

Nvidia (NASDAQ: NVDA) slipped 0.8% to close at $177.87 on Thursday, giving back early gains after hitting a new all-time intraday high of $183.30. Trading volume reached 216.9 million shares, 12.5% above its three-month average, reflecting strong investor engagement. Despite the red close, Nvidia held up better than most of the chip sector and broader tech.The S&P 500 fell 0.4%, while the Nasdaq Composite was effectively flat (down 0.03%) after briefly touching a fresh intraday high. The tech sector was mostly soft, with investors digesting a wave of earnings reports and ongoing restructuring developments.Nvidia's peers lagged: Advanced Micro Devices (NASDAQ: AMD) declined 1.8%, snapping a six-day rally. AMD raised the price of its MI350 AI chip from $15,000 to $25,000, a signal of confidence as it looks to compete more directly with Nvidia. Intel (NASDAQ: INTC) fell 2.7% on reports of delayed fab construction in Ohio, plans to lay off 25,000 workers, and canceled projects in Europe.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool