The context of the Nvidia investigation
The recent opening of the Wall Street session highlighted the tensions surrounding the semiconductor giant Nvidia. The company is currently at the center of an investigation by Chinese authorities, which focuses on alleged violations of antitrust regulations, in particular regarding the acquisition of Mellanox. This development led to a 3.2% drop in the Nvidia stock at the opening, highlighting the immediate impact that negative news can have on the shares of one of the most influential companies in
the technology sector.
The repercussions on the semiconductor market
Not only Nvidia, but other players in the semiconductor industry are also feeling the consequences of this investigation. AMD and Lam Research, for example, recorded significant losses, with AMD seeing a decrease of 3.2% and Lam Research of 1.1%. These fluctuations are indicative of a highly volatile market, where news regarding a large company can affect the entire industry. In addition, Applied Materials suffered a 1.5% loss, in part due to Bank of America’s decision to lower AMD’s rating, suggesting that competition in the sector
could intensify.
Geopolitical tensions and the oil market
Tensions between the United States and China are not limited to the semiconductor industry. The new restrictions imposed by the Biden administration on the sale of US chips to China have further complicated relations between the two economic powers. This climate of uncertainty is also reflected in the oil market, where WTI registered an increase of 1.55%, reaching 68.24 dollars per barrel. China’s decision to ease monetary policy for the first time since 2010 has contributed to this rise, while political uncertainty in Syria continues to worry investors. In such a complex environment, it is essential to monitor how these events affect not only the semiconductor market, but also the global economy as a whole
.
