Semiconductor and major technology stocks declined on Friday as investors weighed new U.S. export policy discussions and rising geopolitical tensions tied to the U.S.–Israel conflict with Iran.
Chip And Tech Stocks Slide
Major semiconductor names, including Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), and Intel Corp (NASDAQ:INTC), traded lower on Friday.
U.S. hyperscalars including Meta Platforms Inc (NASDAQ:META), Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), Alphabet Inc (NASDAQ:GOOGL)
PHLX Semiconductor Index is down over 2%. The tech-heavy NASDAQ Composite Index is down close to 2%.
Policy Changes And Geopolitical …Full story available on Benzinga.com
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