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Semiconductor chip stocks plunge, adding downward pressure to the market

etf.com +3 · ·by G4L

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  1. 1Semiconductor chip stocks plummeted on Thursday, weighing on the broader market.
  2. 2Nvidia, a company with a market capitalization of over $4 trillion, fell 9.3%.
  3. 3UBS strategists estimate that 30% of the data center capacity scheduled to be operational by 2028 is currently at risk.

So what's the key point?

The market faced difficulties as Nvidia shares fell 9.3%. Currently, 30% of the data center capacity set to operate in 2028 is at risk.

Source etf.com +3 · View original ↗

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