Day: January 27, 2025
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Nvidia and Chip Stocks Fall: Impacts of AI Spending Concerns
The U.S. chip market was rocked recently as Nvidia, along with other chip stocks, faced a significant sell-off. Concerns around sustainability in artificial intelligence (AI) spending have raised alarm bells among investors, leading to a broader debate about the valuation of technology companies heavily reliant on AI revenues. Nvidia, a Silicon Valley juggernaut and a…