NVDA, Chip Stocks Extend Rout: Analysts Say OpenAI Deal Fears Overblown
Nvidia stock slipped 1% in premarket trading on Tuesday as a broader selloff in chip stocks extended into a second day.Shares of Intel and Advanced Micro Devices were down over 3%, pushing the chip sector benchmark iShares Semiconductor ETF down 2.4%. Chip and chip-adjacent stocks were hammered on…