Nvidia’s Influence on Stocks May Be Fading

BTCC / BTCC Square / Global Cryptocurrency /

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2025-01-15 12:27:48

According to a recent Bloomberg report, Nvidia founder Jensen Huang’s praise of Samsung Electronics memory chip capabilities last Wednesday prompted a 3% jump in the company’s shares. MediaTek stocks also rose to an all-time high following its unveiling of a partnership with the company at the CES trade show, where Huang gave the keynote address; however, both stocks have been down about 6% since then. Moreover, the company’s shares have dropped 12%. Business experts say geopolitical tensions, trade policies, and rising competition for investor attention are weighing on the sector and the company’s stock. Nvidia stocks skyrocketed last year as AI chips were new.

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