Australian shares are set for a cautious start as investors brace for further fallout from Nvidia’s leadership crisis and question the durability of the artificial intelligence boom.
Futures indicate the S & P/ASX 200 will open 2 points lower, following a weak session on Wall Street on Friday. The S & P 500, the Nasdaq 100 and the Philadelphia semiconductor index finished in the red. The soft Australian open would follow three straight weeks of gains, leaving the benchmark 215 points away from a record high set in August.
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