<ul><li>The S&P 500 and NASDAQ Composite declined as Nvidia's warning put pressure on global tech.</li><li>Nvidia's announcement of a $5.5 billion quarterly charge related to exporting its H20 graphics processing units to China and other nations triggered a 6% drop in the company's shares.</li><li>Other chipmakers, including AMD and Micron Technology, also experienced declines following Nvidia's announcement and ASML's disappointing earnings report.</li><li>Tech giants such as Meta Platforms, Alphabet, and Tesla faced pressure, with their share prices declining.</li></ul>

S&P, NASDAQ Plummet as Nvidia Drops

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