Nvidia Stock Plunges Amid AI Slowdown

This is a news story, published by Yahoo Finance, that relates primarily to AI news.

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Nvidia

Yahoo Finance

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Nvidia stock sinks on fears of AI spending slowdown

Summary

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83% Informative

Nvidia shares fell nearly 5% Thursday on investor fears of a slowdown in artificial intelligence spending and potential delivery delays of its AI chips.

The PHLX semiconductor index (^SOX) fell 4% , slumping more than the broader market.

Microsoft indicated that delayed shipments of AI chips from " third parties" from “ third parties” weighed on its guidance for its AI cloud business in the current quarter .

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Informative language

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formal

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English

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not hateful