Nvidia (NVDA) Stock: Shares Fall Despite Strong AI Chip Demand and Major OpenAI-Oracle Deal – MoneyCheck

• Nvidia (NVDA) stock dropped 1.9% in premarket trading despite strong AI demand signals
• NVDA is down 16% year-to-date, its worst performance since 2022
• Taiwan Semiconductor (TSMC) reported February sales up 43% year-over-year
• Foxconn developed its FoxBrain AI model with Nvidia’s support
• OpenAI and Oracle plan to install 64,000 Nvidia GB200 chips worth $60,000-$70,000 each in a Texas data center by 2026

Nvidia’s stock continued its downward trend on Monday, falling 1.9% to $110.59 in premarket…