AMD and Other Chip Stocks Slide as AI Trade Reassessed
The article says AMD has more than erased its gains from Thursday’s session and discusses analysts’ view that Nvidia could lose its role as the “central bank of AI.”
By Hannah PedoneNvidia could scale back its status as the 'central bank of AI,' analysts say - and that could have repercussions across the tech sectorAMD's stock has more than erased the gains it sustained in Thursday's session.At first, it looked like Nvidia's pain might be the rest of the chip s…