Reported about 7 hours ago
Recent ties to Nvidia founder Jensen Huang have sparked initial surges in stocks of linked companies, like Samsung and MediaTek, but these gains appear to be fleeting. Investors are expressing skepticism about the sustainability of the so-called 'Huang bump' as geopolitical and trade issues, coupled with rising competition, challenge Nvidia's dominance in the AI sector. While Nvidia's shares still influence the market significantly, attention is shifting towards other players in the tech landscape, indicating a potential diversification of the AI trade's drivers.
Source: YAHOO