The leading chipmaker slumped 5% on Monday, building on last week's losses as heavy selling continued across the tech sector.

So far this year the S&P 500 has only declined by 1.9%. But its information-technology sector is down 7.5%. And its consumer-discretionary sector, which includes companies such as Amazon.com Inc.

But when you look at the carnage in the past six weeks since the DeepSeek developments rocked the technology sector, one company is largely responsible for the lost market value. That's Nvidia Corp.

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Nvidia ( NVDA) stock briefly extended its decline on Friday as the AI chip giant's market cap losses from its record high in January reached $1 trillion. A broader market sell-off coupled with fears ...

The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.

Broadcom's shares surged as the company's optimistic revenue forecast restored confidence in AI chip demand amidst sector-wide selloffs. The company anticipates $4.4 billion in AI chip revenue by Q2, ...