Semiconductor ETFs Breakdown as Applied Materials, Nvidia Retreat | Page 2 of 2 | ETF Trends

AMAT shares plunged 7.0% Friday.

Nvidia also weakened after it stated there were “no contributions going forward” from sales of graphic chips to miners of crytocurrencies after previously anticipating it to be a “meaningful for the year,” Bloomberg reports. Quarterly revenue on cryptocurrency-specific products was more than 5 times lower than the firm’s previous guidance.

NVDA shares decreased 4.3% Friday.

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