Technology stocks were falling premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.9% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 3.6%.
Nvidia (NVDA) suppliers have halted the production of H200 chip parts after regional customs authorities in China blocked deliveries of the processors, The Financial Times reported Friday, citing two people familiar with the matter. Shares of Nvidia were down more than 2% pre-bell.