Chip Stocks Fall While Energy For AI Moves Into Spotlight

Shares of Nvidia fell 5% as global chipmakers lost $420 billion in market cap on Tuesday. (Photo via ... [+] Smith Collection/Gado/Getty Images).GettyKey Takeaways Chip Stocks Dropped Significantly Due To ASML's Slower Recovery Warning Nuclear Energy Stocks Rallied, Driven By AI's Growing Energy Needs Morgan Stanley Outperformed, While Banking Sector Faces Interest Income ChallengesStocks fell on Tuesday led by a $420 billion drop in the global chip stocks. The S&P 500 fell by 0.8%. The Nasdaq Composite dro ...