Nvidia and Other Chip Stocks Fall as Tariff-Fueled Rout Continues
1. Chip stocks, including NVDA, fell over 7% amid tariff announcements. 2. UBS warns tariffs will negatively impact electronics demand significantly. 3. All three major indexes declined roughly 4%, impacting semiconductor sector. 4. China's retaliatory tariffs on U.S. imports are effective Thursday. 5. Citi suggests analog chipmakers may outperform amid downturn.