PANews reported on Oct. 30, citing Binance market data, that the Philadelphia Semiconductor Index fell 5.7%, with major chip names posting broad losses. AMD dropped 10%, Arm fell 9.5%, Marvell Technology lost 5%, and Qualcomm declined 6.3%. SpaceX was down more than 5%, reaching its lowest level since August. Nvidia also moved lower, falling 3.3% to $206.610 per share. Its market capitalization stood at $4.98 trillion, slipping below the $5 trillion mark. Since the start of the month, Nvidia shares have fallen more than 9%. The move came alongside a wider sell-off across semiconductor-related stocks shown on Binance market data.
PANews reported on Oct. 30, citing Binance market data, that the Philadelphia Semiconductor Index fell 5.7%.
Among individual names, AMD (AMD.O) dropped 10%, Arm (ARM.O) fell 9.5%, Marvell Technology (MRVL.O) lost 5%, and Qualcomm (QCOM.O) declined 6.3%. SpaceX (SPCX.O) was down more than 5%, hitting its lowest level since August.
Nvidia fell 3.3% to $206.610 per share, bringing its market capitalization to $4.98 trillion. Since the start of the month, Nvidia shares have declined more than 9%.
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