Nvidia, AMD, and Other Chip Stocks Slip After Micron Disappoints

Chip stocks were down early Thursday after


Micron Technology


reported weak results and said demand for semiconductors had softened.

Nvidia


(ticker: NVDA) declined 0.7% in premarket trading.


Advanced Micro Devices


(AMD) fell 1% and


Qualcomm


(QCOM) slipped 0.6%. Micron (MU) retreated almost 3% after reporting earnings late Wednesday.