#AIChipSlumpNasdaq
🔀 Chip stocks rebound 4.8%, Nvidia drops 5%: the AI trade splits
Four days after their worst drop in six years, chipmaker stocks are rebounding, but Nvidia is falling on its own as its board investigates CEO Jensen Huang.
📈 The Philadelphia Semiconductor Index gains 4.78% to 9,838.77 early Monday
📈 AMD gains 8.62% after an upgrade from Oppenheimer; Broadcom gains 6.87%
📉 Nvidia loses 4.92% to $177.46, with the probe into its CEO weighing on the stock
🗓️ Nvidia earnings on November 17; CPI due Tuesday
Will the chip rally hold until Nvidia reports earnings on November 17, yes or no? 👇
$AMD
$AMZN
$PIEVERSE
🔀 Chip stocks rebound 4.8%, Nvidia drops 5%: the AI trade splits
Four days after their worst drop in six years, chipmaker stocks are rebounding, but Nvidia is falling on its own as its board investigates CEO Jensen Huang.
📈 The Philadelphia Semiconductor Index gains 4.78% to 9,838.77 early Monday
📈 AMD gains 8.62% after an upgrade from Oppenheimer; Broadcom gains 6.87%
📉 Nvidia loses 4.92% to $177.46, with the probe into its CEO weighing on the stock
🗓️ Nvidia earnings on November 17; CPI due Tuesday
Will the chip rally hold until Nvidia reports earnings on November 17, yes or no? 👇
$AMD
$AMZN
$PIEVERSE
