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Published 13 days ago

Super Micro And Nvidia Slump As AI Winners Lead Tech Selloff

Summary by Bloomberg

(Bloomberg) -- Super Micro Computer Inc. and Nvidia Corp plummeted on Friday, with the two AI favorites leading a broad-based tech selloff.The maker of equipment to handle artificial intelligence work sank 23%, its biggest drop since August, and it closed at its lowest in more than two months. Chipmaker Nvidia’s 10% drop made for its steepest plunge session since the start of the pandemic in March 2020, and it closed below its 50-day moving aver…

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Super Micro And Nvidia Slump As AI Winners Lead Tech Selloff

(Bloomberg) -- Super Micro Computer Inc. and Nvidia Corp plummeted on Friday, with the two AI favorites leading a broad-based tech selloff.The maker of equipment to handle artificial intelligence work sank 23%, its biggest drop since August, and it closed at its lowest in more than two months. Chipmaker Nvidia’s 10% drop made for its steepest plunge session since the start of the pandemic in March 2020, and it closed below its 50-day moving aver…

13 days ago·United States

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