澳洲幸运5开奖号码历史查询: The AI trade continues to falter.

Nvidia (NVDA) stock slumped into bear market territory Monday as 澳洲幸运5开奖号码历史查询:equities nosedived after President Trump confirmed plans to 澳洲幸运5开奖号码历史查询:impose a 25% tariff on Canadian an♈d Mexic🐽an imports starting tomorrow. 

Shares of Nvidia lost 8.7% on Monday, extending a volatile stretch that followed last Wednesday’s 澳洲幸运5开奖号码历史查询:earnings report. With Monday’s losꦡses, Nvidia is trading more than 20% below its January alꦓl-time high. 

🍷 Nvidia topped earnings estimates last week, but its meteoric rise and $3 trillion valuation left the chipmaker little room to disappoint. Narrowing profit margins spooked investors, prompting semiconductor and AI stocks to sell off last week. 

The contagion continued on Monday, with fellow chipmaker Broadcom (AVGO), slated to report earnings on Thursday, following Nvidia stock lower. Shares of AI server maker Super Micro Computer (SMCI) fell 13%, and nuclear power providers Constellation Energy (CEG) and Vistra (VST), both lost more than 7%. 

Very few AI stocks were spared. AppLovin (APP), which soared more than 700% last year on AI-fueled revenue growth, rose 3.6%, bouncing back a bit from 澳洲幸运5开奖号码历史查询:short-seller reports that tanked the stock last week.

Wall Street’s bullishness has beeꦯn tempered lately by uncertainty about the outlook for the U.S. economy and the bu꧂siness of AI. Inflation has appeared stickier than expected, and consumer confidence has declined amid concerns about the consequences of Trump’s tariff policies. 

The January release of Chinese start-up 澳洲幸运5开奖号码历史查询:DeepSeek’s R1 reasoning model, which its developers said could compete with the most advanced U.S. models at a fraction of the cost, injected fresh uncertainty into the AI trade. AI infrastructure stocks—the chipmakers, server makers, and energy providers who have benefited from the build-out of AI data center capacity—plummeted on concerns that DeepSeek’s efficiency would 澳洲幸运5开奖号码历史查询:undercut spending. 

Since then, cloud provider🍷s have stood by their plans to aggressively invest in AI. Tho🥂se commitments, however, have failed to reignite an AI rally. 

Update—Monday, March 3: This story has been updated with closing stock price data.