Nvidia's half-a-trillion dollar wipeout leaves global chip stocks volatile
Global semiconductor stocks saw volatile trading Tuesday after a slump in shares of Nvidia during the previous session.
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Global semiconductor stocks saw volatile trading Tuesday after a slump in shares of Nvidia during the previous session.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
Nvidia has been the hottest story on Wall Street of late, increasing eightfold in value since the end of 2022 and soaring past $3 trillion in market cap this month.
Stock futures hovered near the flatline Tuesday evening after the S&P 500 rebounded from a rough start to the week.
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This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
Since briefly becoming the world's most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak.