
Shares of several companies in the broader technology sector, including NVIDIA Corporation (NASDAQ:NVDA), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week. Anticipation of further Federal Reserve policy tightening has continued to weigh on stocks across sectors.
Nvidia shares also saw weakness last week and were trading lower amid continued volatility as investors digest the latest U.S. inflation data, which came in higher-than-expected.