The setback of Nvidia weighs on Asian semiconductor stocks
- Losses at Asian Semiconductor Companies Due to Nvidia's Decline in Value.
- Investigation by the U.S. Department of Justice for Potential Antitrust Violations.
Eulerpool News·
The stock values of Asian semiconductor companies are on a downward trend after the US markets had to absorb significant losses. The focus here is on Nvidia, which had to endure a record loss of $279 billion.
The reason cited for this dramatic loss in value is an investigation by the US Department of Justice. The agency has issued subpoenas to Nvidia and other companies to gather evidence of potential antitrust law violations.
Market experts analyzed the situation in a discussion on Bloomberg Television, highlighting the possible implications for the entire market.
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