Apple, which uses less AI, laughed... pulling down Nvidia and regaining its market capitalization crown
US stock indexes fell on concerns over AI infrastructure investment. The Dow Jones, S&P 500, and Nasdaq Composite dropped 1.09%, 1.82%, and 2.86% respectively. Intel's shares plummeted 28.58%, its worst day since the 1970s, while Nvidia, AMD, and SK Hynix's US ADR also declined. Apple's stock rose relatively, allowing it to surpass Nvidia and regain the world's largest market capitalization at $5.3 trillion.
Written by urgent.news from Hankyoreh's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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