Semiconductor Shares Slid in Morning Trading, With Nvidia Falling over 4%
Semiconductor shares slid in morning trading.Micron Technology fell over 4%; Arm, Nvidia fell about 2.8%; Broadcom, Marvell, Qualcomm, Applied Materials fell over 2%.Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.