Nvidia (NVDA) is down 6% premarket. Investment banks slashed Cerebras (CBRS)'s price target by 43% and CoreWeave (CRWV)'s by 36%.
But Google ($GOOGL ), Microsoft ($MSFT ), and Amazon ($AMZN ) are all up more than 2%.
Panic for chip sellers~~ Party time for cloud sellers~~
But Google ($GOOGL ), Microsoft ($MSFT ), and Amazon ($AMZN ) are all up more than 2%.
Panic for chip sellers~~ Party time for cloud sellers~~