NVIDIA is trading at ARS 14580.00 (-4.14%) after Marvell delayed meaningful Google AI-chip revenue until fiscal 2029, prompting semiconductor-sector profit-taking.
- Reuters reported that investors focused on the delayed payoff despite Marvell’s higher forecasts, raising concerns about AI-chip spending timing.
- U.S.-Iran tensions lifted oil prices and increased expectations for a September rate hike, weighing on growth stocks.