Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump
Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showingThe latest shudder for stocks in the AI industry pulled markets lower worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran.The S&P 500 fell 1.2% for its worst day since July, while the…
Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showingThe latest shudder for stocks in the AI industry pulled markets lower worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran.The S&P 500 fell 1.2% for its worst day since July, while the…
