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Nvidia conference fails to spark AI coin rally, sector drops

At the Nvidia GTC conference, CEO Jensen Huang disclosed next-gen AI chips but failed to generate the anticipated investor excitement. The AI cryptocurrency sector and Nvidia’s stock both experienced notable declines, indicating growing investor skepticism despite promising technological advancements.

Following Nvidia’s disappointing conference, investor sentiment turned negative, reflecting broader challenges in the AI sector. The decline in Nvidia’s stock, paralleling losses in the AI cryptocurrency market, raises questions about the company’s future position amid emerging competitors.

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