Nvidia Stock Slips. Chipmakers Trade Mixed After Broadcoms Strong Earnings. – Barrons

Semiconductor stocks traded mixed Friday after Broadcom posted better-than-expected fiscal fourth-quarter earnings and its first-quarter revenue guidance topped estimates. 

Nvidia (ticker: NVDA) fell 1.7% to $299.84, Lam Research (LRCX) was up 0.2%, Qualcomm (QCOM) was 0.5% higher and Micron (MU) fell 0.1%. Applied Materials (AMAT) dipped 0.6%. Chip stocks declined Thursday along with the broader tech sector. The tech-heavy Nasdaq fell 1.7% on Thursday but was rising 0.2% on Friday.


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