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MarketBeat
MarketBeat
Business
Ryan Hasson

UNBELIEVABLE: Alphabet escalates ai chip rivalry with nvidia - The Untold Story

Alphabet (NASDAQ: GOOGL) has had a difficult few weeks. As MarketBeat reported, shares slid 12.6% in the Oct. 29 session after its third-quarter report, as slowing Search growth and rising capital spending overshadowed an otherwise strong quarter.

The Nov. 5 sell-off in AI and chip stocks added to the pressure.

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