Pain or Gain Ahead of NVIDIA ETFs?
NVDANvidia(NVDA) ZACKS·2024-09-04 21:00

The leading semiconductor company and the artificial intelligence (AI) king NVIDIA (NVDA) plunged 9.5% on Tuesday, wiping nearly $300 billion off the chipmaker’s market cap and pulling chip stocks down with it. The VanEck Semiconductor ETF (SMH) , an index that tracks semiconductor stocks, was off 7.5%, marking its worst day since March 2020, per CNBC.According to a recent asset allocation report from Tiger 21, an exclusive network of ultra-high-net-worth individuals and entrepreneurs, over half of its memb ...