Even as the adoption of AI accelerates, there will be inevitable bumps in the road.
Nvidia and other chip stocks sank Tuesday following news of potential US export caps and a dismal earnings report from semiconductor equipment manufacturer ASML.
ASML stock tumbles after the Dutch manufacturer of chip-making equipment cuts 2025 sales guidance, Nvidia falls on a report that says U.S. officials are considering capping sales of advanced AI chips to certain countries, and UnitedHealth trades lower after reporting an increase in medical costs.