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Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with it

Retrieved on: 2024-04-20 15:59:11

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Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with it. View article details on hiswai:

Summary

The article discusses a sharp decline in artificial intelligence (AI) stocks, highlighting Super Micro Computer as the biggest loser with a 23% drop. The downturn also impacted other AI-related companies like Nvidia, Micron Technology, and Advanced Micro Devices. Despite the fall, the article notes that Super Micro Computer and Nvidia stocks have seen significant gains this year. The concept of TSMC and its relation to the AI boom is emphasized in an embedded video, indicating its strong performance due to AI and partnerships with companies like Nvidia and Apple. Key tags include leading AI and semiconductor players, and the S&P 500 Index.

Article found on: qz.com

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