Asian chip stocks slump as Nvidia’s slowing revenue growth worries investors

Asian chip stocks slump as Nvidia’s slowing revenue growth worries investors

Nvidia’s headquarters in Santa Clara, California. Justin Sullivan | Getty Images Asian semiconductor-related stocks mostly slumped on Thursday after Nvidia reported an earnings forecast that failed to meet the lofty expectations of some… Article Source https://www.cnbc.com/2024/11/21/asian-chip-stocks-slump-as-nvidias-slowing-revenue-growth-worries-investors-.html

Nvidia stock poised for further gains following turnaround from 3-day slump

Nvidia stock poised for further gains following turnaround from 3-day slump

Nvidia Stock (NVDA) saw a more than 2% increase in pre-market trading on Wednesday, rebounding after a recent three-day decline that caused a $430 billion drop in market capitalization. The stock rose by over 6% on Tuesday to close at $126.09, recovering from a nearly 13% dip in the previous three sessions. This volatility comes … Read more

Broadcom’s Market Cap Plummets the Equivalent of a Boeing Aircraft Amid Five-Day Slump – MarketWatch

Broadcom, a prominent technology company, is currently facing a significant decline in its market value. This downward trend has been ongoing for the past five trading sessions, leading to concerns about the company’s future performance. One of the key factors contributing to this decline is the loss of a major client, Boeing, which has had … Read more

Tech sector hit as Nvidia slump causes European stocks to fall – Reuters.com

European stocks faced a decline as the technology sector was negatively impacted by the drop in Nvidia’s stock. The chipmaker’s shares fell, causing concerns among investors and leading to a broader sell-off in the market. This drop in Nvidia’s stock price had a ripple effect on other technology companies, contributing to the overall decline in … Read more

Market Sentiment Dampens due to Nvidia Slump: Morning Bid – Reuters

Nvidia’s recent decline has had a negative impact on market sentiment in the tech industry. Investors are feeling wary as the tech giant’s stock prices continue to drop. This is causing concern among industry professionals and analysts alike. The fall of Nvidia has sent ripples throughout the market, affecting various sectors and companies. It remains … Read more

Should You Consider Buying Cisco Stock Despite Last Week’s Slump?

Should You Consider Buying Cisco Stock After Last Week’s Slump?

Stocks are experiencing a slowdown due to declining revenue caused by an inventory correction. This has led to a decrease in stock values as companies adjust their inventory levels. The overall market has been impacted by this trend, with investors becoming more cautious about the future performance of these stocks. This adjustment is seen as … Read more