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Asia Tech Stocks Tumble on AI Bubble Fears
Asian chip stocks surged following Nvidia's strong earnings, but investors demand proof that AI investments will yield lasting profits amid concerns of an AI bubble, analysts said.
Summary by Channel News Asia
9 Articles
9 Articles
Asian tech stocks tumble as strong Nvidia results fail to ease AI bubble jitters
Technology firms led an Asian market selloff on Friday, tracking a sharp drop on Wall Street the day before, as strong results for US chipmaker Nvidia failed to allay fears of a bubble in AI-related…
·France
Read Full ArticleAI moment of truth arrives as Asia chip stocks rally on good news
The rally in Asian chip stocks after Nvidia’s latest stellar earnings release tells only half the story of what is unfolding across global markets. Investors saw SK Hynix climb, Samsung surge, TSMC advance and Foxconn strengthen. They saw Nvidia deliver another quarter of exceptional revenue and raise forecasts again. What many didn’t see, or chose […] The post AI moment of truth arrives as Asia chip stocks rally on good news appeared first on…
·Hong Kong
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Total News Sources9
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
Factuality
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