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Nvidia's half-a-trillion dollar wipeout leaves global chip stocks volatile

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Global semiconductor stocks saw volatile trading on Tuesday after a slump in shares of Nvidia during the previous session.

Switzerland-based semiconductor firm StMicroelectronics' shares were down 1.7%, while ASML, the Dutch chip equipment giant, fell about 0.5%.

In Asia, Taiwanese chip firm MediaTek's shares were off by 1.8% and South Korean firm Samsung's fell 0.3%.Shares of chip firms in Europe and Asia were broadly in the red as investors reacted to Nvidia losing over $500 billion in market capitalization over three trading days — although the U.S. chipmaking giant's shares were around 3% higher in early trade Tuesday., the Dutch chip equipment giant, was down about 0.5% as of 10:45 a.m. ET Tuesday, off earlier lows.

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