Nvidia Leads Chipmaker Stocks Down Amid Ongoing AI Demand Concerns

Reported about 10 hours ago

Nvidia's stock fell 5.7%, dragging other chipmakers down due to rising investor worries over AI demand and competition. The company's share price has dropped nearly 18% year-to-date, highlighting ongoing struggles amid a challenging market landscape that includes supply chain issues and regulatory concerns. Reports of disappointing earnings from competitors, alongside Microsoft's retreat from data center leases, have further fueled investor pessimism.

Source: YAHOO

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