Does Nasdaq Bounce End Bearish Market Risks?
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Nasdaq's recent bounce may not end bearish market risks, as the index barely recovered from a three-day sell-off. Nvidia's stock rose slightly, but concerns about GPU depreciation rates persist. The AI server market faces intense competition, with Chinese firms like Meituan and Tencent offering advanced AI solutions. This forces U.S. companies to invest heavily to keep up, potentially leading to unsustainable spending. The situation suggests a possible bearish market phase ahead.
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