
Tech stocks head south as investors see that growth in AI may not be limitless
via fortune.com
Short excerpt below. Read at the original source.
Tech stocks declined in August as investors questioned the limits to growth of AI stocks. Nvidia, Marvell Technology, and Super Micro Computer Inc all underperformed the broader market in August. This uncertainty may impact the S&P 500, which is dominated by the “Magnificent 7” tech giants. The Nasdaq 100 closed down 1.22% on Friday and […]