Why Nvidia, AMD, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Sank on Tuesday

Even as the adoption of AI accelerates, there will be inevitable bumps in the road.Since early last year, investors have been bullish about the potential of artificial intelligence (AI), scooping up shares of companies best positioned to profit from this next-generation technology. However, as the bull market crosses the two-year mark, many are taking a step back to survey the landscape, and some are looking for any excuse to take profits.With that as a backdrop, chip designer Arm Holdings (ARM -6.90%) slum ...