Nvidia leads chip stock decline despite posting record revenues shares of Nvidia dropped nearly 7% in aftermarket trading leading a wider slump in major Ai and semiconductor stocks Nvidia shares fell to $16.95 cutting its market cap by around $200 billion after disappointing future projections amd's stock fell 3.76% to $14.85 in after hours trading while other chipmakers like broadcom and arm also saw declines Asian semiconductor companies like tsmc Samsung were impacted with their shares falling between 2% and 5.41% Nvidia reported record revenues of $30 billion for its second fiscal quarter beating analyst expectations and setting a new profit record nvidia's revenue forecast of $32.5 billion for the next quarter fell short of some analyst expectations leading to Market disappointment