Why is Nvidia (NVDA) stock crashing?

Despite being backed by strong underlying fundamentals, Nvidia (NASDAQ: NVDA) has faced a notable short-term correction following the Labor Day holiday.NVDA opened the September 3 trading session valued at $119, with the stock trading at $110, reflecting 24-hour losses of nearly 7%. At one point, the stock recorded massive losses of about 12%, as escalating investor selling pressure wiped out almost $400 billion in market capitalization within three days. Indeed, the stock has been on a downward trajectory ...