Reported about 1 month ago
ASML Holdings has revised its guidance for 2025, sending shares of AI chipmakers Nvidia and AMD down as concerns rise about the chip sector's viability. Despite the setback, experts, including Futurum Group CEO Daniel Newman, suggest that ASML's announcements were not entirely negative for the AI market. Newman believes investment in capital equipment may slow down, but he considers the sell-off of Nvidia's stocks surprising after recent highs.
Source: YAHOO