Global tech stocks fall amid broad declines in the region after Nvidia results

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Technology,Breaking News: Technology,Hua Hong Semiconductor Ltd

Losses were most pronounced in Nvidia's direct suppliers, such as TSMC and SK Hynix

Losses were most pronounced in companies which had direct links to the U.S. tech giant, such as South Korean chipmakers SK Hynix and Samsung Electronics, as well as Taiwan heavyweights TSMC and Foxconn.

In Europe, Dutch chip firm BE Semiconductor was down around 0.4% in early morning deals, while compatriot firm ASML, a major semiconductor equipment maker, saw its shares climb 1%. Super Micro, meanwhile, sank 7% in after-hours trading, adding to losses of 19% in Wednesday's trading session. This was off the back of a delay to the firm's annual report after a report from shortseller Hindenberg Research identified alleged "fresh evidence of accounting manipulation" at the company.

 

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