Reported about 14 hours ago
Nvidia's struggles following its recent GTC event highlight the importance of its influence on the 'Magnificent 7' tech stocks. While Nvidia's stock dropped amid peak AI spending concerns, investors remain skeptical about the tech group's performance without its key player rebounding. Despite Nvidia showcasing new AI chip innovations, market reactions have been subdued, prompting concerns over the overall valuation of the sector.
Source: YAHOO