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GTC 2024: Will NVIDIA hit the $1,000 mark?
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Nvidia's Sway: 25% of S&P 500 Dip Linked to AI Titan

The late collapse in the S&P 500 on Tuesday was primarily driven by Nvidia, with a quarter of the declines attributed to the AI giant, which now represents 5% of the S&P 500 and over 17% of the information technology sector.
Nvidia's significant weighting in the index has more than doubled in the past year, leading to increased vulnerability to sudden shifts as traders reshuffle their positions.
With Nvidia's shares surging 87% in the first quarter, investors may experience further volatility as they rebalance ahead of the quarter end, reminiscent of outsized moves seen in previous years. $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$
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