$NVIDIA(NVDA.US)Why was NVIDIA "dragged down"?

From a trading perspective, NVIDIA's recent decline is more like a "narrative-driven correlation shock."

When market sentiment becomes extreme, cross-sector "indiscriminate risk-off" operations often occur. Investors sell off software while betting on AI's substitution effects, and at the same time, panic leads to synchronized selling of AI chips. As the most concentrated and profitable core asset in AI, NVIDIA and similar companies are easily sold off during the position-clearing process.

For investors focused on NVIDIA and the AI semiconductor sector, the most important task now is to distinguish between "price fluctuations" and "value changes."

--Reposted