US stocks ended mixed Monday as Nvidia's revenue warning dragged down the tech sector. The chipmaker reported preliminary second-quarter sales that missed views, citing weak gaming demand. AdvertisementUS stocks gave up early gains to end mixed Monday as lackluster sales from chipmaker Nvidia dragged down the tech sector. The company reported preliminary second-quarter sales of $6.7 billion, below an expected $8.1 billion, noting lower demand for gaming chips. The sluggish sales data comes as semiconductor shortages still ravage supply chains even as the US tries to bulk up domestic production.

Source: Economic Times August 09, 2022 09:11 UTC