The most closely watched earnings report of the quarter is tomorrow. That’s when AI chipmaking giant Nvidia will announce its third-quarter results. Ahead of those results, Nvidia shares are currently down in Tuesday trading. But NVDA shares aren’t the only chip stock that is falling today.

Here’s which other chip companies are seeing significant stock price declines today, and the likely reason why.

Chip stocks fall across the board

As of the time of this writing, major chipmaking giants and the companies that supply them are seeing their share prices fall. These include: • Advanced Micro Devices, Inc. (Nasdaq: AMD): down 5.6% • Arm Holdings plc (Nasdaq: ARM): down 3.9% • ASML Holding N.V. (Nasdaq: ASML): down 2.2% • Broadcom Inc. (Nasdaq: AVGO): down 1.7% • Intel Corporation

See Full Page