Nvidia's stock fell 9.5%, the largest single-day loss in U.S. history, due to fears over AI's health and economic signals hinting at a recession.
A recent survey showed that with Nvidia's soaring valuation, less than a third of its staff face daily financial pressures, raising concerns about productivity.
Market strategic insights suggest that investors are increasingly skeptical about how quickly AI investments by major tech clients will translate into tangible earnings.
With multiple manufacturers including Intel and AMD facing declines, the overall market for chips reflects wider apprehensions regarding economic stability and employment rates.
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