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The AI concept stock has collapsed! Nvidia plummets by 10%, while Microelectronics plummets by 20%

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AI concept stocks collapsed! NVIDIA plummeted by 10% and AMD computers plummeted by 20%. Amidst overall poor performance in the market on Friday, artificial intelligence (AI) concept stocks plummeted significantly, and investors chose to take profits before announcing their results later this month. Specifically, Nvidia, known as the leading AI company, fell 10%, continuing its recent decline, with its stock price dropping from its peak of $970 to its current level of $810. Among large technology stocks, Netflix fell more than 9%, AMD fell 5.44%, Meta fell 4.13%, and Amazon fell 2.56%. The AI benchmark, Microelectronics, plummeted by 23%, but the stock has still risen by more than 165% so far this year. Microelectronics is a supplier focused on high-performance and efficient servers and storage systems, and has a long-term partnership with Nvidia and Microsoft.
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