Google DeepMind researcher Amit Yazdan fired back at the market’s reaction to Nvidia and AMD’s recent stock slump, saying it shows how clueless the market is about hardware demand for AI chips. Nvidia’s price dropped 2.59% on Tuesday, while AMD slid 4.15%, as reports emerged that Meta may tap Alphabet’s Google AI chips for its data centers. Yazdan argued that the selloff reflects a lack of understanding from investors about the growing demand for AI hardware. Meanwhile, Broadcom is expected to benefit from a potential Google-Meta AI chip deal.
Source: https://www.benzinga.com/markets/tech/25/11/49077033/google-deepmind-scientist-slams-market-after-nvidia-amd-stocks-tumble-selloff-shows-how-clueless-the-market-is