Yahoo Finance Live's Julie Hyman discusses Intel's plan to broaden its chip-making business in the U.S., PetSmart going public through a SPAC merger, and Adele postponing her Las Vegas residency due to COVID-19 concerns.
For the fourth day in a row, semiconductor stock Nvidia (NASDAQ: NVDA) fell in trading today -- and was down 2.6% as of 10:30 a.m. ET. While still at its core a graphics chip manufacturer, in recent years Nvidia's chips have become increasingly popular for use in cryptocurrency mining. Problem is, cryptocurrencies are flagging today, with Bitcoin, for example, down nearly 12% over the past 24 hours and Ethereum falling nearly 15%.
Last time, I kicked off my video series about the best semiconductor stocks for 2022. If you missed the first video in the series, here are picks six through 10. Today, I cover my top five semiconductor stocks to buy now.