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asian chip stocks decline as nvidia's revenue growth slows
Asian semiconductor stocks fell sharply following Nvidia's earnings report, which, despite exceeding expectations, revealed a slowdown in revenue growth. Nvidia's forecast of $37.5 billion for the current quarter, while above analyst predictions, indicates a significant decline from previous growth rates, prompting concerns among investors. Stocks of key suppliers like Advantest and Taiwan Semiconductor Manufacturing Corp also experienced declines, reflecting the broader market sentiment.
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