Nvidia Stock Drops Wednesday as AI Chipmaker's Roller-Coaster Week Continues
1. Nvidia shares fell nearly 6% amid AI competitiveness concerns. 2. Chinese firms' lower-cost AI models threaten American market dominance. 3. Bank of America labeled this moment as 'AI's Sputnik moment'. 4. Increased spending on AI by U.S. firms may benefit Nvidia and peers. 5. Analysts maintain bullish outlook despite recent selloff in Nvidia shares.