The AI sector is shaking. The stock prices of the big tech giants are falling worldwide. If the dominant player, American Nvidia, does not deliver a good result on Wednesday, things could get really bad. Then this could escalate, says Frida Bratt, savings economist at Nordnet.
TechnologyTuesday's trading was marked by significant declines on the major stock exchanges in Asia. In Tokyo, the Nikkei 225 fell by more than 3 percent.
BusinessStock markets in Asia are moving in different directions on Wednesday. Japanese investment company Softbank is falling sharply after selling its stake in Nvidia.
BusinessIndex-heavy chip giant Nvidia had a tough day, as New York stock markets went in different directions on Tuesday.
BusinessIt was mostly upwards on the Asian stock exchanges in Thursday's initial trading. In Japan, the Softbank share rose sharply during the morning.
BusinessThe Stockholm stock exchange got new momentum after yesterday's decline, the OMXS index climbed 0.4 percent. The stock exchange newcomer Verisure is among the winners with a price increase of almost 21 percent.
BusinessJapanese investment giant Softbank is investing increasingly in AI and is now buying ABB's robot division for around 50 billion kronor.
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