What About Major U.S. Tech And Chipmaker Stocks?
Chipmaker Nvidia’s shares dropped more than 3.15% to $202 in premarket trading early on Tuesday, following a nearly 1% slump on Monday. Rival chipmaker AMD’s shares fell 6.1% to $518 in early trading, while Intel’s stock dropped 7.36% to $130.63. Google, whose shares fell more than 5% on Monday, was down a further 2.39% in the premarket early on Tuesday. Shares of Elon Musk’s SpaceX, which dropped 16.43% on Monday, slid to $148.72 in the premarket—down another 3.8%.
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Tangent
The South Korean market rout slashed more than $4.6 billion from Samsung Executive Chair Jay Y. Lee’s fortune on Tuesday, according to Forbes’ estimates. Despite this, Lee remains Korea’s richest person with an estimated net worth of $36.1 billion.
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