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Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile

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Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017.

Tyrone Siu | Reuters

Global semiconductor stocks saw volatile trading on Tuesday after a slump in shares of Nvidia during the previous session.

Shares of chip firms in Europe and Asia fell in early trade as investors reacted to Nvidia losing over $500 billion in market capitalization over three trading days. Some of the stocks recouped losses, however, as shares in the U.S. chipmaking giant rose around 5.5% as of Tuesday 11:40 a.m. ET.

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