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Business, Economy

“Nvidia, AMD, Intel Tumble After Microsoft’s Virus-Related Sales Warning”

“Shares of chipmakers that make processors for personal computers and other devices that run on Microsoft software plunged on Thursday after the world’s most valuable tech company warned the coronavirus will have a negative impact on sales and earnings. Shares of Intel , Nvidia , Advanced Micro Devices and Micron Technology were all trading lower on Thursday in the wake of Microsoft’s warning that its supply chain in China is coming back online at a slower-than-expected pace in the wake of the Chinese Lunar New Year production halt and coronavirus outbreak. Microsoft’s China supply chain “is returning to normal operations at a slower pace than anticipated,” the company said.”

https://finance.yahoo.com/m/aae83eb1-4ce4-3261-bfb7-89d9e5d657c2/nvidia-amd-intel-tumble.html

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