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Nvidia Corporation shares dip as alternative-AI chip makers gain attention in earnings week
Nvidia shares down ~2% as investors monitor growing competition in AI-chips and margin pressure ahead of earnings.
Nvidia Corporation stock slipped about 2.1% amid broad tech-sell-off and speculation that alternative AI-chip makers may capture market share. Analysts pointed to rising competition from startups in custom-accelerator design and China-based foundries. While Nvidia remains dominant in data-centre GPUs, investor focus has shifted to margin pressure, rising capex and supply-chain constraints.
The move has broader implications for tech-heavy indices and may spur rotation into mid-cap chip names and diversified platforms.