Nvidia’s 10% Plunge Wrecks Chip Stocks to Worst Day Since 2020
Nvidia plunged 9.5% on Tuesday, wiping nearly $300 billion off the chipmaker’s market cap and pulling chip stocks down with it. Intel fell almost 8%, Marvell slid 8.2%, and Broadcom lost about 6%. AMD dropped 7.8%, and Qualcomm fell nearly 7%. The VanEck Semiconductor ETF (SMH), an index that tracks
Nvidia partner ZutaCore helps AI data centers cut energy costs
The HyperCube utilizes advanced immersion cooling technology. Sustainable Metal Cloud, a data center company, is capitalizing on the artificial intelligence boom by operating “sustainable AI factories” in Singapore and Australia. The HyperCubes, which contain servers fitted with Nvidia processors, are submerged in a synthetic oil that draws heat away more
