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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 3 months ago

Chip stocks shed more than $1 trillion as selloff hits companies powering AI boom

www.cnbc.com

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  • cross-posted to:
  • financ@midwest.social
  • Economics@europe.pub
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Chip stocks shed more than $1 trillion as selloff hits companies powering AI boom

www.cnbc.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 3 months ago
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  • cross-posted to:
  • financ@midwest.social
  • Economics@europe.pub
Nvidia, SK Hynix and Samsung Electronics have led the selloff since market close on Friday.
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  • Davel@lemmy.ml
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    3 months ago

  • apfelwoiSchoppen@lemmy.world
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    3 months ago

    Burst, please.

  • Diurnambu1e [none/use name]@hexbear.net
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    3 months ago

    NVIDIA just announced it’s financial release date. Stock seel to always going down when company do this. I hope they will crash but seem to optimistic

    • eldavi@lemmy.ml
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      3 months ago

      they had a lot of cash reserved 20ish years ago and, if they still do, they’ll be insulated from any fallout.

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