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Intel shares plunge 21% in premarket trading, Nvidia down 3.5% as global chip stocks fall

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Asian stocks including Samsung and TSMC closed lower as European chip firms including ASML also dropped.

Global semiconductor stocks fell on Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market sell-off weighed on tech names.

Asian names including Samsung and TSMC closed lower, with European chip firms including ASML also dropping.

 

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Intel's 21.5% share plunge drags global chip stocks; Nvidia falls 3.5% in premarket tradingAsian stocks including Samsung and TSMC closed lower as European chip firms including ASML also dropped.
Source: CNBC - 🏆 12. / 72 Read more »