Nvidia Didn’t Save the Market. What’s Next for the AI Trade?
Beyond Nvidia, other semiconductor companies are struggling all of a sudden as Wall Street questions the durability of AI spending.
Photographer: Bloomberg/BloombergWall Street thought blowout earnings from Nvidia Corp. would calm investors’ nerves about a bubble forming in artificial intelligence stocks. They didn’t.
So where does the AI trade stand now? It depends who you ask.