Nvidia and AMD shares fall as new AI announcements fail to re-energize investors
Summary
Shares of major semiconductor companies Nvidia and AMD recently dropped in value following new artificial intelligence announcements. Market participants remained uninspired by the latest hardware and software hardware updates because the expected financial returns will take a long time to materialize.
The chip makers introduced hardware and software designs for future AI data centers, but the revenue potential is still far out, an analyst says.
Source: Read the full story at MarketWatch.com - Top Stories
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