Key facts: Nvidia's stock dropped 17% in one day amid worries about high AI spending, especially after a Chinese AI firm launched a competitive chatbot with impressive results and low costs.
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- Nvidia's stock dropped 17% in one day amid worries about high AI spending, especially after a Chinese AI firm launched a competitive chatbot with impressive results and low costs.1
- Nvidia's CEO, Jensen Huang, announced a partnership with Nscale, a company that has secured $1.1 billion in financing and contracts with Microsoft and OpenAI for data center deployments.2
- Nvidia Corp. (NVDA) is linked to a Trump administration proposal to boost U.S. chip production, potentially mandating domestic output equal to imports and imposing tariffs for non-compliance.3