Nvidia stock rose Wednesday as investors digested the fallout from Tuesday’s chip stocks plunge after the early release of disappointing earnings and outlook from Dutch semiconductor-equipment maker ASML. Nvidia shares closed 3.1% higher at $135.72 Wednesday. Nvidia fell 4.7% Tuesday, while ASML dropped 16%, wiping out more than $60 billion in market value. Read More...
Nvidia stock rose Wednesday as investors digested the fallout from Tuesday’s chip stocks plunge after the early release of disappointing earnings and outlook from Dutch semiconductor-equipment maker ASML. Nvidia shares closed 3.1% higher at $135.72 Wednesday. Nvidia fell 4.7% Tuesday, while ASML dropped 16%, wiping out more than $60 billion in market value.
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