Yahoo Finance's Brian Cheung and Akiko Fujita discuss the response from chip makers and the Street as President Biden signs a package of semiconductor investment into law.
Yahoo Finance Live anchor Seana Smith looks at where stocks settled on Monday afternoon.
Shares of Nvidia (NASDAQ: NVDA) were trading down 5.5% as of 12:22 p.m. ET on Tuesday. This follows Nvidia's disclosure on Monday that revenue for the fiscal second quarter would come in below expectations. Year to date, Nvidia stock is down 42% over concerns that slowing demand for graphics chips used by gamers in their PC gaming rigs would pressure Nvidia's top line.