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AI Stocks Continue Sell-Off on New York Markets

AI-related stocks experienced a significant sell-off for the second consecutive day on New York markets. Major companies like NVIDIA saw a decline of 3.3%, while Intel dropped by 4.3% shortly after the market opened. This downturn follows similar heavy falls observed on Thursday, indicating a broader market trend affecting the AI sector. AI

IMPACT Investor sentiment shifts in AI stocks can influence future funding and development within the AI industry.

RANK_REASON The cluster discusses market performance and stock prices of AI-related companies, which falls under commentary on the industry rather than a core AI release or significant event.

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AI Stocks Continue Sell-Off on New York Markets

COVERAGE [1]

  1. Mastodon — mastodon.social TIER_1 English(EN) · top_news ·

    Sell-off of AI stocks runs into a second day on New York markets Nvidia fell 3.3 per cent and Intel was down 4.3 per cent soon after the bell, following heavy f

    Sell-off of AI stocks runs into a second day on New York markets Nvidia fell 3.3 per cent and Intel was down 4.3 per cent soon after the bell, following heavy falls on Thursday https://www. thetimes.com/business/companie s-markets/article/sell-off-of-ai-stocks-accelerates-as-new-…