Semiconductor Sector Plummets: Expert Analysis on Chip Apocalypse

This headline highlights the most important topic of the article, which is the semiconductor sector experiencing a tough trading day, and teases expert analysis on the "Chip Apocalypse".

The city of San Francisco, California, experienced a notable downturn in the semiconductor sector on Thursday, marking its worst trading day in seven weeks. Major technology companies like Nvidia, Amazon, Meta, and Alphabet have seen earnings revisions significantly surpass the overall S&P 500 index by over 35%. Financial expert Jared Blikre from Yahoo Finance provided insights on the market trends of the challenging trading day, emphasizing the impact on semiconductor stocks. Blikre highlighted the significant …

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Semiconductor Stocks Jump as Nvidia’s Earnings Boost AI Optimism

London, UK – European stock futures, like their US and Asian counterparts, saw an increase following Nvidia Corp’s positive earnings report, which has bolstered optimism in the global artificial-intelligence industry. Investor sentiment towards equities received a boost after Nvidia announced that its second-quarter revenue is expected to reach $28 billion, surpassing analysts’ predictions of $26.8 billion. Additionally, the company revealed a 10-for-1 stock split and a 150% increase in its quarterly dividend. This news also …

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