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Nvidia Triggers Chip Sell-Off as Traders De-Risk Ahead of Earnings

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The Story

News Summary

  • Semiconductor stocks tumbled as investors aggressively trimmed exposure and locked in profits ahead of Nvidia's earnings report.
  • Rising AI server costs and higher bond yields compounded cautious sentiment, triggering widespread declines across major chipmakers and hardware suppliers.
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NVDA price history

218.29 +19.87% over the displayed period

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