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Major tech stocks including NVIDIA, Micron, and Palantir plunge following midterm elections

The Motley Fool +1 · ·by G4L

NVDA NVIDIA Corp
$168.89 -5.47%
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MU -1.10% PLTR -0.22%
  1. 1Major tech stocks are falling due to uncertainty regarding data center demand and the pace of AI construction following the midterm election results.
  2. 2NVIDIA's stock price was over $206 just before the midterm elections but fell below $170 on Tuesday.
  3. 3Palantir is currently around $166 after reaching a high of over $212 in October.

So what's the key point?

Tech stocks fell because there is uncertainty about how fast artificial intelligence will be built after the election. NVIDIA's stock price dropped from $206 to below $170.

Source The Motley Fool +1 · View original ↗

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