Tech Stocks Plunge - Nasdaq sinks 3% as Nvidia leads chip sell-off #ytshorts #shorts

Stock Market Today Dows slides 600 points NASDAQ sncs 3% as Nvidia leads chip selloff updated wed SE 4 2024 with AI darling Nvidia and vda stocks down the turn into the red comes amid a crucial week of data on the economy and labor market highlighted by an influential monthly jobs report stocks are retreating from near highs as Wall Street hunkers down after a roller coaster August with the prospect of a potentially stormy September ahead investors are assessing the risk of data shocks or presidential race surprises in a month that's typically terrible for Traders Nvidia nvda fell almost 10% Tuesday as investors continued to withdraw following a lackluster earnings report and lingering questions about the future of the AI trade other chip stocks fell in tandem with broadcom avgo Qualcomm qcom and Taiwan semiconductor Manufacturing Company TSM all down more than 6%