Semiconductor stocks fell globally on Friday after the Trump-Xi summit concluded without major chip deals; Nvidia closed down 4.42% and AMD closed down 5.69% (Mauro Orru/Wall Street Journal)

Global semiconductor stocks experienced a decline on Friday following the conclusion of the Trump-Xi summit, which did not result in significant chip agreements. Nvidia and AMD saw notable drops in their stock prices, closing down 4.42% and 5.69% respectively, amid ongoing uncertainties regarding Nvidia's H200 chip shipments to China. This market reaction highlights the fragility of the semiconductor sector in the face of geopolitical tensions.