What to expect for the AI sector after Nvidia shares plunge

Huge drops in the share price of artificial intelligence powerhouse Nvidia have led to speculation about the prospects for the sector. Nevertheless, analysts see AI firms as healthy given incoming revenues.

In the past five days, shares of Nvidia Corporation have fallen by more than 17%. While that is a major decline that wiped away hundreds of billions of dollars in market value, the company has still notched impressive 120% gains since the start of the year and returned jaw-dropping 2,270% returns over the past five years.