AI
AI stocks battered heading into make-or-break Nvidia earnings
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Artificial intelligence-linked shares fell on Tuesday, in lead-up to AI bellwether Nvidia‘s quarterly earnings, which could offer clarity on demand and justify the sector’s lofty valuations.
Technology stocks globally sold off this week after a TD Cowen analyst note said Microsoft has canceled leases for sizeable data center capacity in the U.S., with at least two private data-center operators.
AI-darling Nvidia dropped 2.1% ahead of its highly anticipated quarterly earnings on Wednesday, where investors will focus on demand for its pricey AI chips…
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