Nvidia and chip stocks fluctuate after the previous day’s sell-off
(Reuters) – Chip companies led by market leader Nvidia were expected to extend losses on Wednesday following a sharp sell-off in the previous session, reflecting growing concerns on Wall Street about the stocks’ high valuations as AI optimism fades. Nvidia…
Nasdaq gets off to a bumpy start in September as Nvidia sell-off continues
U.S. stocks fell on Tuesday, marking a historically difficult month for markets, with AI darling Nvidia (NVDA) and chip stocks dragging tech stocks lower. Meanwhile, attention turned to a week of economic and labor market data, led by a key…
Chip stocks will regain momentum on AI demand: Analyst
The chip sector saw a brief rebound last week after a major sell-off, with Nvidia (NVDA) leading the pack once again. Looking ahead, chip stocks are likely to regain momentum after August’s volatility, but can they reclaim their previous highs?…
