U.S. stocks ended lower on Friday after hitting new highs following Donald Trump’s return to the White House earlier in the week while investors looked forward to the Federal Reserve’s policy meeting.
It’s not just Nvidia. Chip makers, data-center operators and other companies looking to sell picks and shovels into the gold rush of the artificial-intelligence boom are getting a brutal beat-down.
Gold futures fell sharply in Monday dealings, with prices looking to give back all of last week’s gains and then some, with prices for the precious metal failing to find safe-haven support despite a ...
Chip giant Nvidia ( NVDA) was more than 11% lower in the first hour of US trading. Industry peer ASML ( ASML) lost 8%, while Arm ( ARM ), Broadcom ( AVGO ), and Micron Technology ( MU) also got ...