Nvidia falls into correction territory, down more than 10% from its record close
Publishing timestamp: 2024-12-16 16:30:01
Summary
Nvidia shares slump, officially in correction territory despite Nasdaq Composite hitting record high. Other chipmaking stocks like Broadcom surge, driving momentum in semiconductor sector. Market watching Nvidia's performance closely.
Sentiment: MIXED
Tickers: ON, 2330-TW, NVDA, MRVL, MU, AVGO, TSM, LRCX,
Keywords: breaking news: markets, generative ai, micron technology inc, technology, markets, business news, semiconductor device manufacturing, on semiconductor corp, marvell technology inc, nvidia corp, artificial intelligence, stock markets, broadcom inc, lam research corp, taiwan semiconductor manufacturing co ltd,