Abnormal movements in US stocks | Chip stocks follow the market decline, Nvidia (NVDA.US) drops by more than 1%

According to the Wisdom Financial APP, on Monday, chip stocks followed the market decline, as of the time of publication, the Philadelphia Semiconductor Index fell by more than 1.6%, TSMC (TSM.US) fell by more than 2.6%, AMD (AMD.US) fell by more than 2.7%, Micron Technology (MU.US) fell by more than 2.3%, and Nvidia (NVDA.US) fell by more than 1%. In terms of news, Citigroup has raised Nvidia's target stock price to $190 per share. Based on last Thursday's closing price, there is still about 15% upside potential. Citigroup analysts say they believe Nvidia will capture a larger share in the expanding Total Addressable Market (TAM) for data center infrastructure.