Reported about 1 month ago
After a remarkable rise of nearly 1,000% since early 2023, Nvidia's stock stumbled following its latest earnings report, closing down 6.4%. Despite strong revenue growth and outperforming expectations, concerns over its $3 trillion valuation emerged. In contrast, Arm Holdings saw a 5.3% increase in its stock, attracting investors as a potential alternative in the AI space. As both companies remain pivotal in AI chip production, the discussion centers on whether Arm could offer more growth potential moving forward.
Source: YAHOO