💨 Abstract

Nvidia's shares decreased on Thursday due to industry concerns over overspending, despite the company's optimistic first-quarter forecast and strong AI chip demand. The decline is attributed to lower expected gross margins due to a transition to new Blackwell semiconductors. The market is also cautious due to the rise of low-cost AI models from China's DeepSeek.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖