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The thrill of AI is fading

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Nvidia, the top manufacturer of AI chips in the world, recently released a stellar earnings report that would make most companies envious. In the second quarter, sales increased by 122%. Profits increased by double. The forecast for this quarter? strong. In short: The results were outstanding. However, Nvidia’s stock (NVDA) fell 7% and continued to decline on Thursday following the company’s…

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