Business
US stocks today: US stocks slip as AI slowdown fears drag Nvidia and chipmakers
Reported by Kavya Rao (Senior Writer) · Economic Times - Markets ·
✓ — also reported by Livemint - Markets
Representative image · Wikimedia CommonsUS stocks today: US stocks slip as AI slowdown fears drag Nvidia and chipmakers. US stocks fell on Monday as fears over a slowdown in AI model development hit Nvidia and chipmakers. Nvidia dropped 3.2%, while Intel, AMD and Marvell fell sharply. Defensive sectors gained, while software stocks including ServiceNow and Adobe rose as investors reassessed AI's market impact.
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