AI Industry Trembles as Nvidia's Stock Nosedives
Shares of AI chipmaker Nvidia plunged on Wednesday, dropping by more than three percent in early trading — for a total slide of over five percent in the past week. Other major AI players fell as well, including Google, Meta, and Tesla. AI software company Palantir's stock fell by nearly nine percent this morning. Nvidia is particularly interesting, though, because while those other companies mainly produce software, Nvidia has been making bank by selling the hardware powering the AI industry's