AI Warning Sends Nvidia, AMD, Micron and Intel Shares Tumbling

This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) and other major semiconductor stocks moved lower Monday as investors weighed calls from AI executives for a more measured approach to developing advanced systems. Nvidia fell 2% in morning trading, while Micron Technology (NASDAQ:MU) dropped 5%. Advanced Micro Devices (NASDAQ:AMD) declined 5%, Broadcom (NASDAQ:AVGO) slipped 3.4%, and Intel (NASDAQ:INTC) lost 5.7%, extending weakness across several parts of the chip sector. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator.