Chip and tech stocks across Asia opened sharply lower Wednesday morning, following a steep plunge in Nvidia's share price in the U.S. overnight.
Asia's semiconductor and associated stocks slipped Wednesday morning, following a steep plunge in Nvidia's share price in the U.S. overnight.. 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
Nvidia's value chain extends to South Korea, namely, memory chip maker SK Hynix and conglomerate Samsung Electronics. Samsung shares slid 2.6%, while SK Hynix fell more than 6%, dragging the wider Kospi index down 2.5%. The small-cap Kosdaq fell 3%. SK Hynixdeclined 4.3%. TSMC manufactures Nvidia's high-performance graphics processing units which power large language models — machine learning programs that can recognize and generate text.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.
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Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgesNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
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Nvidia stock slips despite 2Q earnings topping Wall Street estimates, high AI chip demandNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia's place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
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Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgeNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
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