Nvidia's stock price volatility exceeds that of Bitcoin.
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Odaily Odaily News: With the boom in artificial intelligence, Nvidia (NVDA.O), one of the hottest U.S. stocks, has even more volatility than Bitcoin. The company's stock price had previously soared, boosted by industry companies spending money to buy Nvidia chips, but on Tuesday it fell 7%, the biggest drop in more than three months, and its market value decreased by $193 billion. Nvidia's stock price has fallen 23% since July 10, and the reversal highlights a risk that was not noticed when Nvidia's stock price rose: at least by one key indicator, its volatility is about twice that of Bitcoin. Despite the pullback in its stock price this month, Nvidia is still up about 109% this year, more than any other stock in the S&P 500 index, except for Super Micro Computer Inc., another company that benefits from investments in AI application equipment.
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