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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?
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