AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns about an AI chip spending bubble and the company’s stalled business in China. – Fortune in play – The earnings report comes amid market worries about an AI spending bubble that could burst and hurt the chip giant’s fortunes.
US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club
US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1