Why These 15 AI Stocks Are Plunging So Far in 2025

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7. ZJK Industrial Co Ltd (NASDAQ:ZJK)

Number of Hedge Fund Holders In Q4 2024: 1

ZJK Industrial Co Ltd (NASDAQ:ZJK) makes fasteners and metal parts for industries, including for AI-related clients.

The stock is down significantly so far in 2025 despite some good news. It announced an expansion of its collaboration with Nvidia. It included some new projects and a specialized engineering team that will be dedicated to Nvidia.

Also, preliminary financial results for fiscal year 2024 showed continued revenue growth of over 30% year-over-year. Gross margins also improved to 46.57%. It was 34.34% a year ago.

The stock has still declined since its collaboration with Nvidia may not be “good news” in the eyes of the market right now. Investors are scrutinizing AI-related stocks and have been especially careful after Microsoft canceled some of its data center contracts. Many think the negative effects could spill over into companies like ZJK.

On top of that, early investors are becoming eligible to sell shares after the lock-up period following its September 2024 IPO.

ZJK is down 19.36% year-to-date.

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