ASML and U.S. chip stocks sink on report of China’s DUV breakthrough

Semiconductor capital equipment stocks took a brutal U-turn on Monday. Heading into the opening bell, the sector was riding a pre-market high.
Reported by 1 outlet — Investing.com · Stock Market. See all sources ↓
Semiconductor capital equipment stocks took a brutal U-turn on Monday. Heading into the opening bell, the sector was riding a pre-market high. The optimism was fueled by easing geopolitical tensions in Iran and a blockbuster Wall Street Journal report revealing that Nvidia is in talks to guarantee a massive $250 billion in financing for an OpenAI data center project. But that AI-driven euphoria evaporated instantly.
Read the full report at Investing.com · Stock Market ↗
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- What's the story?
- Semiconductor capital equipment stocks took a brutal U-turn on Monday. Heading into the opening bell, the sector was riding a pre-market high.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 9m ago.
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ASML and U.S. chip stocks sink on report of China’s DUV breakthrough
Sources1TypeCoverageInvesting.com · Stock Market