Semiconductor Stocks Slide Ahead of NVIDIA Earnings: Intel Falls 5%, AMD Slides 4%, Taiwan Semiconductor Slips 3%
4 Articles
4 Articles
On the 24th (local time), the New York stock market showed mixed movements as complex variables surrounding the market clashed. While the blue-chip Dow Jones 30 Industrial Average rose, the technology-focused Nasdaq and the large-cap-dominated Standard & Poor's (S&P) 500 indices declined. This is attributed to a sell-off across technology stocks ahead of the earnings announcement by Nvidia, the leading AI semiconductor stock. In addition, Donald…
Semiconductor Stocks Slide Ahead of NVIDIA Earnings: Intel Falls 5%, AMD Slides 4%, Taiwan Semiconductor Slips 3%
Chip stocks are selling off at twice the rate of broad tech ahead of NVIDIA's most consequential earnings report in years, and the name leading the group lower has nothing to do with NVIDIA at all.
Intel, AMD stocks declines as chip sell-off hits Wall Street
Intel and AMD shares fell on Monday as semiconductor stocks came under heavy selling ahead of Nvidia's closely watched quarterly results. The decline was concentrated in chip stocks, with the iShares Semiconductor ETF falling more sharply than broader technology funds. Semiconductor stocks lead Monday's sell-off The iShares Semiconductor ETF (SOXX) fell more than 3% in trading, while the iShares US Technology ETF declined about 1%. The sharper m…
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