According to The Kobeissi Letter, Nvidia ($NVDA) has experienced a significant drop, extending losses to over 10% today. This downturn is notable for traders as it may impact related semiconductor stocks and the broader tech market. Traders should monitor Nvidia's upcoming earnings reports and any market reactions to changes in AI demand, as these factors could influence future price movements. [Source: The Kobeissi Letter]

According to The Kobeissi Letter, Nasdaq 100 futures have extended their losses by over 300 points following the announcement of restrictions on Nvidia's H20 chip. This news has triggered significant volatility in the tech sector, impacting several key stocks related to semiconductor and technology markets. Investors are advised to monitor the situation closely as further developments could influence the trading landscape.

According to The Kobeissi Letter, AMD's stock experienced an 8% drop following the announcement of a U.S. ban on Nvidia's H20 chip sales to China. This significant market shift is attributed to the potential ripple effects on AMD's competitive positioning, as both companies operate in overlapping tech markets. Traders are advised to monitor AMD’s response strategies closely as this regulatory development could influence market dynamics and investor sentiment toward semiconductor stocks.