Chip Stocks Decline as Nvidia and Broadcom Face China Sales Concerns

Reported 2 days ago

Nvidia and Broadcom led a decline in chip stocks as concerns about sales in China weighed heavily on the market, following Nvidia's mixed earnings report. Other semiconductor companies, including AMD and Marvell Technology, also saw stock drops amid fears of new U.S. restrictions impacting supply chains. Despite a strong performance earlier in August, this downturn marked a challenging end to the month for the tech sector.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis