Nvidia’s 10% Plunge Wrecks Chip Stocks to Worst Day Since 2020
Nvidia plunged 9.5% on Tuesday, wiping nearly $300 billion off the chipmaker’s market cap and pulling chip stocks down with it. Intel fell almost 8%, Marvell slid 8.2%, and Broadcom lost about 6%. AMD dropped 7.8%, and Qualcomm fell nearly 7%. The VanEck Semiconductor ETF (SMH), an index that tracks
Rebooting Japan: Reviving Semiconductor Sector
Japan’s semiconductor industry was once the dominant player in the global market, but it has since eroded as other countries like Taiwan and South Korea have taken the lead. Taiwan’s TSMC, the world’s largest and most advanced semiconductor manufacturer, has become the go-to player for chip production. The US is
