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.
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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