Asian Tech Stocks Decline Amid AI Focus and Nvidia Price Hike
Asian tech stocks experienced a decline, led by companies like Samsung and Alibaba, amidst a focus on AI spending and Nvidia's price hike. This market movement reflects investor concerns and shifts in the technology sector.
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Dan Ives Sees Nvidia Price Hike as Bullish Overall for Tech
Dan Ives, partner and senior managing director at Yorkville Ives & Co., previews quarterly earnings from Nvidia as the company tells customers that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases. (Source: Bloomberg)
Read full article →Global Market Today: Asian stocks dip with AI in focus, oil declines
MSCI’s Asia Pacific equities gauge dipped 0.1%, with the Kospi Index in South Korea — a bellwether for AI investments — falling 1.2%. However, US equity-index futures erased earlier losses to edged up, with contracts for the tech-heavy Nasdaq 100 climbing 0.1%.
Read full article →Asian stocks dip with AI in focus, oil declines - Moneycontrol.com
Asian stocks dip with AI in focus, oil declines Moneycontrol.com
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