How Nvidia Became a Chip Stock Loser—and Why It Might Stay That Way

Nvidia stock was edging up early Tuesday at the end of an underwhelming first half of the year. The chip maker is looking to its next-generation hardware to spark a rally but gains might be muted for a while yet. The major issue for Nvidia is that the huge spending on AI chips is now being spread out among a wider range of semiconductor companies.

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