Nvidia and other chip stocks have experienced significant declines, with Nvidia's shares falling 10% in a single day, marking its biggest drop since March 2020 and down 20% from its all-time high. This downturn is part of a broader correction in the semiconductor industry, influenced by a revised market outlook from TSMC, which noted a slower recovery in the smartphone and PC markets than expected. The S&P 500 and Nasdaq also suffered losses, recording their sixth consecutive daily decline, with the S&P 500 down 300 points from its March 28th all-time high. TSMC's announcement led to a 6.1% drop in its shares after the company adjusted its growth expectations for the global chip market.
US equities sold off sharply on Friday, sending tech stocks to the biggest weekly loss in 17 months, due to tensions in the Middle East and worries over the outlook for interest rates. https://t.co/Rdf9kMqHgh
Algos and quants doing the legwork… exactly 10.00% down on the 👃…. Really….??? $NVDA https://t.co/x1QCNH7zWE
$NVDA down -10% today. Can we see $500 by the end of the month April ? https://t.co/KnJfVgs2SK
$nvda monster fall $nflx quick bounce at ooen then dive https://t.co/O925Ea2fjg
For the Week, the S&P 500 Fell 3.05%, the Nasdaq Declined 5.52%, and the Dow Climbed 0.01% NVDA in technical bear market after dropping 22% from its highs lol
Nvidia fell 10% as a selloff in the world’s largest technology companies hit stocks https://t.co/9vaAEL1pr4 https://t.co/kkkDXzT7ZH
Nvidia fell 10% as a selloff in the world’s largest technology companies hit stocks https://t.co/kBwTpTeYvg https://t.co/BlnNimdl9v
S&P 500 posts big weekly loss, Nasdaq sheds 2% as tech stocks drop Friday https://t.co/VksNvfIiQF
S&P 500, Nasdaq Both Register 6 Straight Daily Declines, Longest Losing Streak Since October 2022 For The Week, The S&P 500 Fell 3.05%, The Nasdaq Declined 5.52%, And The Dow Climbed 0.01%. S&P 500 Closes Down More Than 5% From March 28 Record-High Close
NVDA is down $250 billion. Today
$NVDA | Nvidia shares close down 10% in biggest drop since March 2020
NVDA -10% today, down 22% from highs. Welcome to the bear market
NVIDIA SHARES CLOSE DOWN 10% IN BIGGEST DROP SINCE MARCH 2020
BREAKING: The Magnificent 7 stocks have erased $400 BILLION of market cap today alone. Nvidia, $NVDA, accounts for HALF of today's losses with a $200 billion downswing in market cap. The S&P 500 is just 4% away from entering correction territory. What's happening with big… https://t.co/lvfFRTb5ze
*NVIDIA SHARES EXTEND DROP TO 10%, ERASING $212 BILLION IN VALUE
NVIDIA SHARES EXTEND DROP TO 10%, ERASING $212 BILLION IN VALUE
Nvidia’s stock plunge leads 'Magnificent Seven' to record weekly market-cap loss https://t.co/MAht8AuSli
Nvidia’s stock plunge leads Magnificent Seven to record weekly market-cap loss https://t.co/bd33tjo5hA
JUST IN: NVIDIA's share price has plunged by over 9% so far today
Chip Stocks Face Correction As TSMC Cuts Industry Outlook - @NikkeiAsia https://t.co/1XILAZ0efx
$nvda in bear zone https://t.co/uv3oPPj45D
$NVDA NVIDIA DOWN OVER 7%, ON PACE FOR LARGEST PERCENT DECREASE SINCE DECEMBER 2022
$NVDA collapsing https://t.co/wc5CuQUOOU
Bear market for $nvda https://t.co/lKXTSc9uTO
JUST IN: NVIDIA is now down 20% from its all-time high in March
$NVDA want this close below 785 or 780 today! https://t.co/azY6hRKISA
BREAKING 🚨: Nvidia $NVDA falls below $800 for the first time since March 1 https://t.co/cj24pthJzM
$NVDA selling to new lows, down 6%
$NVDA fell below the 50-day today, as momentum reverses 👀 https://t.co/vehTM7RvXg
Big Tech stocks are slumping, with Nvidia down almost 5% https://t.co/QrUcQUpSGB
NVIDIA's $NVDA drawdown extends to -15% after another 4% decline today (as of 12:40 AM ET).
BREAKING: The S&P 500 is now down 300 points from its March 28th all time high as tech stocks fall sharply. Since March 28th, the S&P 500 has now erased $2.5 TRILLION in market cap. Chip stocks are down sharply with Nvidia, $NVDA, now down 20% from its all time high. This is… https://t.co/v87nm70Lg5
$NVDA entering sub 800’s in 3….2….
$NVDA need to break below 796 https://t.co/vbWUWfkY8B
#NVDA down over 3% https://t.co/9r6uBCAkd2
Semiconductor giant TSMC scaled back its outlook for a chip market expansion, cautioning that the smartphone and personal-computing markets remain weak. https://t.co/2eT72jrvvA
#TSMC SHARES DROP AS MUCH AS 6.1% AFTER LOWERING MARKET OUTLOOK.
Live news: S&P 500 and Nasdaq post fifth session loss in a row https://t.co/zEteN1z09y
Despite TSMC's strong financials for Q1, the company's shares took a hit after company executives said the overall global chip market is in for a rough ride this year. https://t.co/bK9eT6VHFN
TSMC said the recovery in the smartphone and PC markets was milder than expected, limiting the pace of global semiconductor growth for 2024 despite demand for generative AI computing remaining strong. https://t.co/pzOxAsPO6e
$NVDA lets close below 810 today then open below 800 tomorrow at open https://t.co/I5IvLhQTXE
Watching ~825 on $NVDA for next broader low
Nvidia, Chip Stocks Drop Into Correction as Rate Bets Shift https://t.co/wEWdSYEnoi