Nvidia slides after being removed from the Jefferies Franchise Picks list (NVDA) (Jonathan Garber/Business Insider: Finance)

Jonathan Garber / Business Insider: Finance
Nvidia slides after being removed from the Jefferies Franchise Picks list (NVDA) – Nvidia shares were lower by 1.2% Friday after Jefferies removed the chipmaker from its Franchise Picks list, saying it expects cloud players to digest Data Center capacity over the next several quarters. The firm maintained its buy rating. Jefferies says it still views Nvidia as a key beneficiary of its …