Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

Asian chip stocks fall after Nvidia sell-off on Wall Street overnight



Asia’s semiconductor and related stocks are down due to a sharp drop in Nvidia’s share price in the U.S. Nvidia fell over 9% in regular trading, causing a sell-off in semiconductor stocks on Wall Street. Economic concerns about the U.S. economy were also a factor. Nvidia’s suppliers in South Korea and Japan, such as SK Hynix and Samsung, also saw their stocks decline. Other suppliers to Nvidia, like Tokyo Electron and Advantest, also experienced losses. Overall, the market was affected by Nvidia’s performance and concerns about the semiconductor industry as a whole.





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