Reported about 6 hours ago
Nvidia's stock recently experienced a significant drop of 17% in one day, raising concerns about a slowdown in AI investments following competition from the Chinese AI startup DeepSeek. Investors are now cautious, with many waiting until shares fell more than 21% before considering buying, indicating a shift in sentiment. With Nvidia's earnings report due soon, the company faces pressure to meet high expectations amid fears of declining growth rates and challenges with its upcoming Blackwell chips.
Source: YAHOO