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The third quarter just wrapped, and the pure AI trade of Nvidia (NVDA) and its chip cohorts suddenly finds itself a net drag on overall S&P 500 performance â which itself surprised investors with a solid 5.5% return.
Nevertheless, generative AI is still hot and slowly moving into real-world applications.
Abby Yoder, US equity strategist at JPMorgan Private Bank, highligh...
>>> Read more: Here's how AI is set to disrupt healthcare â albeit slowly
The third quarter just wrapped, and the pure AI trade of Nvidia (NVDA) and its chip cohorts suddenly finds itself a net drag on overall S&P 500 performance â which itself surprised investors with a solid 5.5% return.
Nevertheless, generative AI is still hot and slowly moving into real-world applications.
Abby Yoder, US equity strategist at JPMorgan Private Bank, highligh...
>>> Read more: Here's how AI is set to disrupt healthcare â albeit slowly
