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AI trade under pressure as Nvidia-backed neoclouds lead fresh tech rout

Negative-34

GreyOak summary

US AI-related shares dropped, with Nvidia-backed neoclouds CoreWeave and Nebius Group falling 8.8% and 9% respectively. The Nasdaq-100 declined 2% following Jensen Huang's exit from Nvidia, raising concerns over financing.

What it affects

  • AI and data centresNegative -34

    AI neoclouds and data center stocks fell sharply.Rolling sentiment Positive +21

Source

Read the original at CNBC-TV18

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