AI Chip Stocks Fall, Best Buy Rises; J.M. Smucker Drops

AI chipmakers like Nvidia and AMD face potential competition from Metas shift towards Googles AI chips, causing stock prices to drop. Meanwhile, the broader market sees gains as investors anticipate lower interest rates. Keysight Technologies and Best Buy report strong earnings, boosting their stocks, while J.M. Smuckers profit outlook disappoints, leading to a stock drop.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.