> Since peaking last month the share prices of Western firms driving the ai revolution have dropped by 15%. NVDA's high closes were $135.58 June 18, down to $1

> Since peaking last month the share prices of Western firms driving the ai revolution have dropped by 15%. NVDA's high closes were $135.58 June 18, down to $134.91 July 10th and $130 close today. It's highest sale is $140.76. So it's close today is 8% off its highest sale ever, and 4% off its highest close ever, not a big thing for a volatile stock. It's earnings are next week and we'll see how it does. Nvidia and SMCI are the ones who have been earning money selling equipment for "AI". For Microsoft, Google, Facebook, Amazon, OpenAI etc., it is all big initial capital expenditure which they (and the scolding investment bank analysts) hope to regain in the future.