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Why Nvidia (NVDA) Stock Is Trading Lower Today
Stock Story ·
Stock Story reports: What Happened? Shares of leading designer of graphics chips Nvidia fell 2.9% in the afternoon session after the market learned new details suggesting OpenAI's revenue growth may be lower than previously believed, while broader macroeconomic headwinds simultaneously pressured the tech sector. As confirmed by CNBC, OpenAI told its investors that it hit roughly $50 billion in annualized revenue at the end of September, significantly lower than the $68 billion figure that…