AI Stock Sentiment Sours on Valuation Worries Despite Nvidia's New Chips
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Nvidia unveiled its next-gen Blackwell architecture and powerful new AI chips at its GPU Technology Conference. This drove sentiment and volatility for AI stocks.
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SoundHound AI stock plunged 25% this week due to critical short report and analyst downgrade over concerns about its valuation and business practices.
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Super Micro Computer gained entrance into the S&P 500 but also filed for a secondary offering to capitalize on its growth. Its stock fell 9% this week.
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BigBear.ai stock dropped 15% this week amid the overall negative sentiment in AI stocks rather than company specific news.
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Of the 3 stocks, Super Micro is the most reasonably priced and only profitable company, making it the best investment choice.