Business · Markets · 5 hrs ago

Nvidia and AMD shares fall after AI announcements

Nvidia and AMD shares fall after AI announcements

Nvidia and AMD shares fell after the companies made new AI announcements.

They introduced hardware and software designs for future AI data centers.

The announcements concern systems intended for data centers in the future.

An analyst said the designs’ revenue potential is still far off.

That may help explain why the announcements did not re-energize investors.

The share-price fall shows investors were not encouraged by the news.

No further steps or timeline for revenue were given.

Sources

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