Why Nvidia Investors Feel Nervous Today
For much of this year, the world has suffered from a global semiconductor shortage. So you'd think that investors would be happy to hear that companies are addressing the deficit by making more chips. But that's not how things are working out for semiconductor manufacturer Nvidia (NASDAQ: NVDA) today. Its stock was down 2% as of 11:10 a.m. EDT on Friday.
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CNBC reported today that Dutch machinist ASML Holding (NASDAQ: ASML), which manufacturers the machines that make the chips for so many of our high-tech gadgets, is predicting a boom in its business over the next four years, and even beyond.
Source Fool.com
