According to The Kobeissi Letter, Nvidia's stock ($NVDA) has dropped 7% over the past two days, and the company is no longer the second most valuable public company globally. With over $17 billion in revenue generated from China, traders are concerned about the impact of a prolonged trade war in the semiconductor industry.

According to The Kobeissi Letter, TSM has announced a significant $100 billion investment to build 5 new facilities in Arizona, which will create thousands of jobs. This move increases TSM's total US investment to $165 billion and is expected to generate hundreds of billions of dollars in economic activity. Such a substantial investment could influence TSM's stock performance positively, providing potential trading opportunities for investors focusing on semiconductor and technology sectors.

According to The Kobeissi Letter, Nvidia ($NVDA) has experienced a significant drop of over 8%, resulting in a reduction of $240 billion in market capitalization today. This decline could influence trading strategies as investors reassess their positions in technology stocks, particularly in semiconductor sectors.