VIX Spikes 9% as Fear Returns to Wall Street 📌 Nvidia Down 3.5%

17:19 2 September 2025

Futures on CBOE Volatility Index (VIX) are rising almost 9% today, reacting to the broad sell-off across the US equities, triggered by rising treasuries yields, profitability and seasonality 'September stock market weakness'. Despite the first, positive reaction to the ISM Manufacturing report, markets are falling again, pressured by technology sector and Magnificent 7. Nvidia loses almost 3.7%, while Alphabet slides 2.5%.

Taiwan Semiconductor (TSM.US) informed that the company have received notification from the US government that VEU authorization for TSMC Nanjing will be revoked effective December 31st. Investors reacted with selling stocks, seeing the US move as a signal that Nvidia may face problems with selling AI chips to China.​​​ The decision will hit TSMC older, and less advanced chips. The company shares are down almost 2% today.
  • The United States has revoked Taiwan Semiconductor's permission to freely ship critical equipment to its main Chinese chipmaking base, potentially limiting production capabilities at the older-generation facility.

  • American officials recently informed TSMC of their decision to terminate the Taiwanese chipmaker's so-called validated end user, or VEU, status at its Nanjing facility.

  • The action is similar to steps taken by the United States to revoke VEU designations for facilities in China owned by Samsung Electronics Co. and SK Hynix Inc. The waivers are set to expire in approximately four months.

 

Source: xStation5

 

Source: xStation5

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Join over 1.7 Million investors from around the world