Business
Chip Stocks Mixed Ahead of Nvidia Earnings
Shares of semiconductor companies were mixed as investors await Nvidia’s second-quarter results after the U.S. market close to gauge appetite for artificial-intelligence chips.
Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International were down 0.6% and 0.4%, respectively. BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, was down 0.7%. German chip maker Infineon Technologies was up 0.9%. STMicroelectronics shares were up 1%.
Meanwhile, the E-mini Nasdaq 100 futures contract was down 0.3%, pointing to a weak opening for tech stocks in the U.S.
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