Reported 2 months ago
Despite a $900 billion drop in Nvidia's market value since its peak, major tech firms like Microsoft, Amazon, and Alphabet continue to invest heavily in AI infrastructure. This dissonance suggests that while Nvidia's stock has experienced volatility, the demand for AI technology remains strong. Concerns over competition, macroeconomic factors, and the unclear monetization of AI investments have contributed to investor nervousness, despite Nvidia's doubled value this year and ongoing solid demand for AI chips.
Source: YAHOO