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Nvidia (NVDA) Tumbles as Alibaba AI Chip, Slowing Growth Stokes Tech Selloff | Invezz | Login to see the signal | |
Evening digest: markets react to Trump spending cut, Musk SEC showdown, Nvidia slumpSummaryNvidia shares fell about 3% as tech stocks slid amid AI concerns; Alibaba's new AI chip and slowing Nvidia growth weigh on sentiment alongside higher core inflation complicating Fed rate-cut hopes. |
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Nvidia (NVDA) Tumbles on China Chip Restrictions, Tepid Sales Forecast | ReutersRefinitiv | Login to see the signal | |
Nvidia shares fall: China's Alibaba reportedly develops new AI chip to help fill Nvidia voidSummaryNvidia shares fell for a third session as China sales restrictions and a tepid sales forecast weighed, even as analysts remain largely bullish with an increased median price target. |
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