Nvidia and other leading US chip stocks paused gains amid concerns over high valuations and ongoing industry challenges, Reuters reports. Investors remain cautious as market uncertainties persist.
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Once the most valuable U.S. chipmaker, Intel has fallen far behind Nvidia due to struggles in innovation and market shifts. Nvidia’s dominance in AI and gaming chips propelled its rapid rise, overshadowing Intel’s legacy.
Former President Trump’s unexpected agreement with Nvidia and AMD has raised alarms over potential legal issues and regulatory scrutiny, sparking debate on its impact on the tech industry and national security.