Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

Sharing is Caring!

In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street. Economic data published Tuesday resurfaced jitters about the health of the U.S. economy. Nvidia shares continued sliding in post-market trading Tuesday, falling 2%, after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation

www.msn.com/en-us/news/us/nvidia-s-279-billion-wipeout-the-biggest-in-u-s-history-drags-down-global-chip-stocks/ar-AA1pZwji

See also  For the first time in 22 years, bonds are yielding more than stocks
Views: 105

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.