(CNBC) Nvidia shares slumped on Monday, putting the AI chip darling officially in correction territory even as the rest of the Nasdaq Composite rose to a record. The chipmaker and de facto artificial intelligence trade has rallied 166% this year amid ongoing excitement for the buzzy technology trend. However, shares have faced a sluggish stretch as of late. The stock is down 4.5% in December and officially in correction territory,
Nvidia falls into correction territory, down more than 10% from its record close
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