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via seekingalpha.comMarkets

Chip stocks slide as Nvidia rebound fades

FROM THE WIRE · SEEKINGALPHA.COM

Chip stocks fall Friday as Nvidia reverses premarket gains to drop about 4% and AMD loses about 10%; Rothschild downgrades Broadcom to Neutral.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe decline in chip stocks weighs on the tech sector and the chip index.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Chip stocks fell Friday, with Nvidia down about 4%.
  2. 02AMD lost about 10% in the same session.
  3. 03Rothschild downgraded Broadcom to Neutral.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA CorporationNVDAStock160.23 USD+0.19%today -3.59%Negative Advanced Micro Devices, Inc.AMDStock523.70 USD+0.26%today -10.52%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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