My Best Artificial Intelligence (AI) Chip Stock to Buy Amid the Nasdaq Correction (Hint: It's Not Nvidia)
The Nasdaq Composite index has entered correction territory as the tech-laden market index is now down more than 13% from the highs it achieved on Dec. 16 last year, and this souring market sentiment can be attributed to recent economic developments that have led investors to become risk averse.From the tariffs being imposed by the Trump administration on countries such as Canada, Mexico, and China to a weaker-than-expected jobs report last month to weakening consumer confidence on account of a potential uptick in inflation, several factors have contributed to the Nasdaq's correction.But this could also prove an opportunity in disguise for investors.Continue reading
The Nasdaq Composite index has entered correction territory as the tech-laden market index is now down more than 13% from the highs it achieved on Dec. 16 last year, and this souring market sentiment can be attributed to recent economic developments that have led investors to become risk averse.
From the tariffs being imposed by the Trump administration on countries such as Canada, Mexico, and China to a weaker-than-expected jobs report last month to weakening consumer confidence on account of a potential uptick in inflation, several factors have contributed to the Nasdaq's correction.
But this could also prove an opportunity in disguise for investors.
