August 17, 2022

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Extra Ache Forward for Semiconductors and Large Tech

4 min read

Tech and notably semiconductor producers are going by means of a difficult time. This arduous time has not too way back resulted in turbulent lessons on the stock market.

The outcomes of the ultimate 5 lessons on Wall Road, for example, has been considerably brutal for every sectors.

Take producers of microprocessors or chips. 4 of U.S largest chip makers by market cap — Nvidia  (NVDA) – Get NVIDIA Company Report, Intel  (INTC) – Get Intel Company Report, AMD  (AMD) – Get Superior Micro Units, Inc. Report and Micron  (MU) – Get Micron Expertise, Inc. Report — collectively misplaced nearly $110 billion in market price (share price multiplied by its full glorious shares) in per week. However the largest drop is attributed to Nvidia, the company recognized for its graphics chips for gaming and artificial intelligence.

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