AI stocks swing hard: Nvidia jumps as Amazon slides on $200 billion AI spend
AI chip stocks bounced back Friday afternoon, led by Nvidia’s 7.3% jump and Advanced Micro Devices climbing 7.7%. Amazon, however, dropped 7.0%. Broadcom rose 7.3%, Super Micro Computer surged 10.1%, and Arm Holdings gained 9.8%, while Alphabet edged down 2.0%.