Find out how Nvidia's recent stock turmoil is shaking up the tech sector! Is the AI bubble bursting? #Nvidia #TechStocks
Nvidia, one of the giants in the AI and tech industry, recently faced a rollercoaster ride in the stock market. The company, along with Supermicro, experienced a significant drop in stock prices, leading to a $200 billion loss in market value. The plummeting AI stock prices raised concerns about a potential delay in Nvidia's stock split, impacting investors and industry enthusiasts alike.
Despite the setbacks, Nvidia is partnering with Japan to develop a cutting-edge hybrid quantum-supercomputer, showcasing their commitment to pushing the boundaries of technology. However, with a 14.4% slump in just five days, whispers of the AI bubble bursting are growing louder, questioning the sustainability of the hype surrounding tech stocks.
As Nvidia enters correction territory, the broader implications of a possible tech stock bubble burst are looming large. The recent market turbulence highlights the volatility and uncertainty in the AI and semiconductor sectors, signaling a potential shift in investor sentiment towards high-growth tech companies.
In the midst of the chaos, one thing remains clear - Nvidia's position as a key player in the tech world is undeniable. Their innovative projects and strategic collaborations continue to shape the future of AI and computing, keeping them at the forefront of technological advancements.
Nasdaq fell 2.05%, back to where it had been in September 2021. We have some new WTF Charts of the Year. By Wolf Richter for WOLF STREET.
TOKYO -- Japan's government-backed technology institute will work with Nvidia to build a hybrid supercomputer that offers quantum computing capability.
AI stocks were sold off big on Friday. NVIDIA (Nasdaq: NVDA) closed down an even 10% while Super Micro Computer (Nasdaq: SMCI) plummeted 23.14%.
Nvidia shares fell by 10% in the last day, sending shockwaves through the AI and tech sector.
Dow Jones futures: The Nasdaq had its worst week since 2022 as Nvidia and Super Micro dived. Tesla and Microsoft lead key earnings.
AI tech giant NVIDIA has recorded a massive 14.4% slump over the past 5 days, a trend that suggests potential reversal in hyped stocks.
Prominent tech stocks have fallen victim to macroeconomic and geopolitical pressures leading up to the first-quarter reporting season.
Tesla ranked second on last year's list and missed this year's cut because its expected sales CAGR through 2025 is below 15% and its expected EPS CAGR is ...