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Nvidia (NVDA) Dips as AMD’s Revenue Forecast Disappoints Amid AI Sector Shakeup

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The Story

News Summary

  • Nvidia shares declined alongside semiconductor stocks as AMD forecast weak revenue, highlighting tough AI competition.
  • Alphabet also fell pre-earnings amid AI growth concerns.
  • Investors shifted from pricey AI stocks to value names amid skepticism over AI adoption pace and industry disruption.
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NVDA price history

210.96 +18.92% over the displayed period

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