AI Stocks Get Slammed: Time to Buy the Dip?
Arista(ANET) ZACKS·2024-06-25 17:05
We've heard it many times this year: "Nvidia is the only thing holding up this market!" But is it really?Nvidia ((NVDA) is currently experiencing its second worst correction of 2024, now ~14% off its all-time high. And yet the S&P 500 has barely budged – it's a point off its all-time high. Nvidia, Qualcomm and Broadcom Stocks Sell Off Nvidia isn’t alone in this correction either, several other leading AI stocks have taken a hit over the last week, led primarily by fellow semiconductor stocks.Along with Nvid ...