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AI, chip stocks decline amid selloff after Trump tariffs comments

ReutersMar 31, 2025 9:53 AM

Shares of U.S. AI stocks fall premarket amid a broader selloff with chipmakers leading declines

Shares of Nvidia NVDA.O, Advanced Micro devices AMD.O, Broadcom AVGO.O, Marvell Technology MRVL.O, Micron Technology MU.O and U.S.-listed shares of TSMC 2330.TW fall between 3% and 4%

If losses hold, NVDA set to extend its four-day losing streak

AI cloud firms Microsoft MSFT.O, Salesforce CRM.N, Oracle ORCL.N and Snowflake SNOW.N fall between 1.5% and 2.5%

World share markets fell sharply on Monday after U.S. President Donald Trump said tariffs would essentially cover all countries

AI server makers Hewlett Packard Enterprise HPE.N, Dell DELL.N and Super Micro Computer SMCI.O fall between 2% and 4%

Up to last close, S&P 500 .SPX index is down 5.1% YTD

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