Here's why Nvidia stock is erasing all its recent gains

After appearing to recover from Monday’s DeepSeek market sell-off, semiconductor giant Nvidia (NASDAQ: NVDA) is once again experiencing a downturn as jitters over artificial intelligence (AI) spending set in amid the earning season.The stock continued its decline during the January 29 session, trading at $122.95 as of press time, dropping almost 5% in the last 24 hours. On the weekly chart, NVDA has plunged over 15%.NVDA one-week stock price chart. Source: FinboldDuring the current session, the drop saw Nvi ...