It's Not Just Apple: Nvidia, Chip Stocks Decline for Second Day

The recent trend of sagging share prices for market leaders is extending into Thursday morning, and it’s not just Apple.

The PHLX Semiconductor Sector index dropped 3% shortly after the opening bell, while individual chip stocks are prominent among S&P 500 laggards.

Nvidia recently fell 3.3%

Qualcomm and Monolithic Power Systems each fell nearly 5%.

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