<ul><li>Nvidia stock has entered correction territory, dropping 17% from its record high in November.</li><li>The sell-off intensified following comments from Microsoft CEO Satya Nadella, suggesting a waning AI chip demand.</li><li>Wedbush analyst Dan Ives sees the decline as temporary, highlighting strong future AI prospects.</li><li>Factors like comments from other industry leaders and earnings from Broadcom may also be affecting Nvidia's stock.</li></ul>

Nvidia stock's correction has accelerated since Microsoft's CEO hinted the frenzied demand for AI chips may be waning

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