U.S. chip stocks broadly fell in premarket trading, with Nvidia down 6.9% and Marvell Technology down 3.7%
According to RootData market data, U.S. chip stocks broadly fell in premarket trading: Nvidia (NVDA.O) was down 6.9%, Marvell Technology (MRVL.O) was down 3.7%, KLA (KLAC.O) was down 3.7%, Arm (ARM.O) was down 3.3%, Micron (MU.O) was down 3.2%, Intel (INTC.O) was down 3.1%, Lam Research (LRCX.O) was down 2.9%, Qualcomm (QCOM.O) was down 2.9%, Applied Materials (AMAT.O) was down 2.9%, and TSMC (TSM.N) was down 2%.