Back to News
Aug 28, 2024 5:30 PM

Nvidia Leads Semiconductor Stocks Lower Following Q2 Earnings: What Investors Need To Know

Several semicondutor stocks are volatile in Wednesday’s after-hours session after NVIDIA Corp (NASDAQ:NVDA) reported financial results for the second quarter.

Here's a look at some of the biggest movers in the chip space on Wednesday:

Advanced Micro Devices Inc (NASDAQ:AMD). Closed down 2.75% at $146.36.

Micron Technology Inc (NASDAQ:MU). Closed down 3.07% at $94.86.

Super Micro Computer Inc (NASDAQ:SMCI). Closed down 19.02% at $443.49.

Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM). Closed down 0.79% at $169.20

Intel Corp (NASDAQ:INTC). Closed down 2.29% at $19.61.

Marvell Technology Inc (NASDAQ:MRVL). Closed down 1.82% at $68.44.

What Happened With NVDA: After the market closed on Wednesday, Nvidia reported second-quarter revenue of $30.04 billion, beating the consensus estimate of $28.684 billion. The leading AI chipmaker reported adjusted ...