After just under an hour and a half of trading on Thursday, the Dow Jones Industrial Average was up 0.2 percent, while the broad S&P 500 index and the tech-heavy Nasdaq Composite were down 0.8 percent and 1.5 percent, respectively.
Nvidia, the world's most valuable publicly traded company, released a report after Wall Street closed on Wednesday evening, local time in Sweden. Nearly every metric beat expectations.
But that didn't help much as the market digested the report - Nvidia's stock fell 4.8 percent.
Other chip giants such as Broadcom and AMD, as well as contract manufacturer TSMC, were also dragged down to roughly the same levels.
