Nvidia Chip Delay Compounds Anxiety Over Recession Risk, AI Stocks Slide
Global markets plummeted on Monday due to growing U.S. recession fears and exacerbated by a reported delay in Nvidia's next-generation AI chip production.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Tech giants Intel, HPE, and Microsoft are making headlines with significant stock movements and strategic announcements.
Global markets plummeted on Monday due to growing U.S. recession fears and exacerbated by a reported delay in Nvidia's next-generation AI chip production.
Although Microsoft has shown greater agility, Google could catch up.
Alphabet and Microsoft posted strong Q2 earnings driven by AI and cloud computing. Stocks surge in premarket trading today.
Microsoft and Alphabet to report Q1 2024 earnings, focusing on AI investments. Stocks down amid broader market decline.
Amid a surge propelled by AI, Microsoft is steadily closing in on Apple's coveted position as the world's most valuable company.
Unlike debt-generating USG, these companies keep generating value.