Nvidia and AMD shares fall as new AI announcements fail to re-energize investors

Despite unveiling new hardware and software for future AI data centers, shares for both Nvidia and AMD took a dive as investors remained skeptical about the revenue potential in the near term. Analysts suggest that while the innovations are promising, the timeline for significant returns is still uncertain, leading to a lack of enthusiasm among shareholders. This lukewarm response highlights the challenges tech companies face in convincing investors about the imminent profitability of long-term projects.