Chipmaker Stocks Facing Headwinds After Strong Early Year Gains
- Chipmaker stocks like Nvidia, AMD, and Intel facing pressure and declines recently
- Strong momentum for chip stocks earlier in the year is fading in 2nd quarter
- Nvidia still up over 70% since January 1 despite recent declines
- Pressure partly due to weakness in Chinese stock market affecting chip sector
- Strength in Japanese yen and U.S. dollar also creating headwinds for chip stocks