Chipmakers Plunge Most Since 2020 | What You Missed 07/17 #stocks
July 17, 2024
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1:51Now PlayingChipmakers Plunge Most Since 2020 | What You Missed 07/17 #stocks
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as posted by the channelThe world’s largest technology companies got hammered as concern about tighter US restrictions on chip sales to China spurred a selloff in the industry that has led the bull market in stocks.
From the US to Europe and Asia, chipmakers came under heavy pressure. American powerhouses Nvidia Corp., Advanced Micro Devices Inc. and Broadcom Inc. drove a closely watched semiconductor gauge down almost 7% — the most since 2020
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