10-08-2024, 06:08 PM
Ongoing investigations by the U.S. Department of Justice into potential antitrust violations by Nvidia also weigh on the company.
“Nvidia has been one of the biggest beneficiaries of the growth in AI technology and potential market expansion,” Hana Securities analyst Lee Jae-man said.
“However, concerns over the yen-carry trade (borrowing yen at low interest rates in Japan to invest in other assets) and growing fears of an economic downturn are likely to lead to a period of high market volatility.”
https://www.koreatimes.co.kr/www/biz/202...80290.html
“Nvidia has been one of the biggest beneficiaries of the growth in AI technology and potential market expansion,” Hana Securities analyst Lee Jae-man said.
“However, concerns over the yen-carry trade (borrowing yen at low interest rates in Japan to invest in other assets) and growing fears of an economic downturn are likely to lead to a period of high market volatility.”
https://www.koreatimes.co.kr/www/biz/202...80290.html