Nvidia stock tumbles from record high on news of possible US chip export cap, ASML's dismal earnings
Nvidia Stock Tumbles From Record High On News Of Possible Us Chip Export Cap, Asml's Dismal Earnings
Yahoo News - Latest News & Headlines, The Daily Item
Tue, 10/15/2024 - 9:32am
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BING NEWS:
- The Dow and the Nasdaq slump as ASML leads a chip stock rout
The Dow and other major indexes experienced losses Tuesday afternoon as chipmakers struggled amid news of potential export caps.
10/15/2024 - 7:30 am | View Link - Nvidia stock tests record highs as Wall Street defends chipmaker's valuation amid 'AI arms race'
Nvidia stock is trading at a forward price-to-earnings multiple of about 35x, which is below its three-year and five-year averages.
10/14/2024 - 4:14 am | View Link - More
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