Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Nvidia denies receiving DOJ subpoena, Can Chip Stocks Stabilize?
September got off to a rough start for chip stocks, with $NVIDIA (NVDA.US)$ tumbling nearly 10%, Bloomberg reported on September 3rd that th Show More
September got off to a rough start for chip stocks, with $NVIDIA (NVDA.US)$ tumbling nearly 10%, Bloomberg reported on September 3rd that the chipmaker had received a subpoena from the U.S. Department of Justice. In a statement released on 4 Sept, $NVIDIA (NVDA.US)$ stated that it had "inquired" with the Department of Justice but had not received a subpoena.

A Morgan Stanley analyst cautions that the semiconductor industry is approaching its peak, with current market performance suggesting a potential 7% to 10% decline over the next eight weeks. Investors are advised to brace for significant volatility.

🎙️Discussion
1. Should we double down on chip stocks despite the recent tumble, or is it time to diversify portfolios?
2. Which chip stocks are you bullish on?
Views
1.9M
Posts
506
Join topic
Posts
News
Latest
Hot
Related Stocks
  • NVDA
    NVIDIA
    136.050
    +0.48%
  • MU
    Micron Technology
    101.730
    +2.01%
  • INTC
    Intel
    22.520
    -2.93%
  • .SOX
    PHLX Semiconductor Index
    4973.994
    -0.55%
  • AMD
    Advanced Micro Devices
    140.710
    -0.81%