U.S. Stock Market Update | Chip stocks decline, NVIDIA (NVDA.US) drops more than 6%
On Wednesday, NVIDIA (NVDA.US) stock price fell, as of the time of writing, the stock dropped more than 6%, closing at $118.2. Other chip stocks followed suit, with Super Micro Computer (SMCI.US) falling more than 6%, AMD (AMD.US) falling more than 7%, and Qualcomm (QCOM.US) falling more than 6%. In terms of the overall U.S. stock market, the Nasdaq plummeted more than 2%, while the S&P 500 index fell more than 1%
According to the Zhitong Finance APP, on Wednesday, NVIDIA (NVDA.US) stock price fell, with the stock dropping over 6% to $118.2 as of the time of publication. Other chip stocks followed suit with Super Micro Computer (SMCI.US) falling over 6%, AMD (AMD.US) falling over 7%, and Qualcomm (QCOM.US) falling over 6%. As for the US stock market, the Nasdaq plummeted over 2% and the S&P 500 index fell over 1%