Nvidia's decline impacts chip sector; oil prices rise

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Chip Stocks Tumble as Nvidia Falls, Oil Climbs Amid Iran Nuclear Talks

Even after giving a bullish forecast, Nvidia sank 5%, dragging down almost every company in a closely watched semiconductor gauge

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Moneycontrol•26-02-2026, 22:09

Chip Stocks Tumble as Nvidia Falls, Oil Climbs Amid Iran Nuclear Talks

•Chipmakers faced a rout, with Nvidia Corp. sinking 5% despite a bullish forecast, impacting the semiconductor sector.
•Investors remain uncertain about the artificial-intelligence outlook, leading to a mixed response to tech earnings.
•Oil prices climbed as Iran reported intense nuclear talks with the US, driving investors to bonds.
•Salesforce Inc. provided a strong long-term sales outlook and announced a share buyback, easing AI disruption fears in software.
•US jobless claims rose less than expected, indicating continued low layoff rates.

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