STOCKS | Nvidia Shares Fall More Than 6% to Around $205 as Semiconductor Stocks Sell Off

Nvidia shares closed down more than 6% on June 8 at around $205 as a broad selloff hit semiconductor stocks. According to NS3.AI, Nvidia CEO Jensen Huang described the decline as a “discount.” The report also said 62 Wall Street analysts had an average Nvidia stock price target of around $298.