Global Semiconductor Stocks Fall After Intel Earnings Miss and Nvidia Antitrust Investigation

SOURCE www.cnbc.com
Global semiconductor stocks fell after Intel reported a big miss on earnings and announced layoffs. Nvidia is under DOJ antitrust investigation. Chip stocks dropped in Asia and Europe due to a global market sell-off.

Key Points

  • Intel reported a big miss on earnings and announced layoffs
  • Nvidia subject to DOJ antitrust investigation for alleged market dominance abuse
  • Chip stocks dropped in Asia and Europe due to global market sell-off

Pros

  • Companies like AMD and Nvidia still prosper from the AI boom
  • Nvidia competes based on investment and innovation

Cons

  • Intel shares fell 28% after a big miss on earnings
  • Nvidia is under DOJ antitrust investigation