A small decline in Nvidia shares picked up speed Tuesday after ASML’s earnings appeared to leak out. ASML stock quickly tumbled 17% on the report, while Nvidia shares were down more than 4%.

Shares of ASML Holding ($ASML) are down 17% after the Dutch semiconductor equipment maker reported quarterly financial results that disappointed

Nvidia and other chip stocks sank Tuesday following news of potential US export caps and a dismal earnings report from semiconductor equipment manufacturer ASML.

Nvidia's share price has been climbing since January 2023, back when it was $14.86. The company provides an estimated 80% or more of the advanced GPU

The AI chipmaker’s share price is now up 187% year-to-date, for a market cap of nearly $3.4 trillion as the company closes in on Apple’s top spot. Chipmaker Nvidia’s stock may just be the hottest thing on the stock market—and as share prices rise,

Investors are driving up market capitalizations for the chipmaker, Apple, and Microsoft so fast it’s hard to know which company holds the top spot.