🚨 Market Update: Chip Stocks Tumble, Nasdaq Dips 1% 🚨
- A semiconductor sell-off yanked indexes from record highs. ASML led the plunge, dropping 17% after slashing 2025 guidance. Nvidia, Broadcom, and TSMC also took hits.
- Nasdaq fell 1%, overshadowing strong bank earnings from Goldman Sachs, Bank of America, and Citigroup.
- Oil prices dipped as Israel-Iran tensions eased slightly. Brent crude fell 5%.
- Bitcoin rose 1.30%, eyeing a potential 12% upside ahead of the US election.
📊 Your thoughts on the chip sector's future? Drop a comment below! 💬
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