S&P 500 and Nasdaq prolong losses as Nvidia drags the markets decrease

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The S&P 500 and the Nasdaq are getting dragged decrease as Nvidia shares prolong losses. The catalyst was the WSJ report saying that Alibaba developed a brand new AI chip to assist fill Nvidia void in China.

The Chinese language are after all making an attempt to make their very own AI chips given the interference from Trump’s adiministration. Whereas Nvidia is falling, Alibaba shares are clearly rallying on this newest information.

This text was written by Giuseppe Dellamotta at investinglive.com.

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