Asian chip stocks slump as Nvidia's slowing revenue growth worries investors

Asian chip stocks slump as Nvidia’s slowing revenue growth worries investors

Nvidia’s headquarters in Santa Clara, California. Justin Sullivan | Getty Images Asian semiconductor-related stocks mostly slumped on Thursday after Nvidia reported an earnings forecast that failed to meet the lofty expectations of some investors. While Nvidia’s third-quarter results exceeded analysts’ expectations and delivered a strong forecast for the current quarter, its shares still shed 2.5% in…

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Caixin China PMI; Australia PPI

Caixin China PMI; Australia PPI

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets were largely lower Friday, after Wall Street benchmarks Nasdaq Composite and S&P 500 suffered their worst day in nearly two months on downbeat Microsoft…

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