US stocks edge up; Nvidia falls 4.4% as chip index turns positive

The divergence is the story here: Nvidia falling sharply while the chip index it dominates turns positive suggests the move is stock-specific rather than a sector-wide risk-off signal. That matters because Nvidia has been the bellwether for AI-linked sentiment, so a disconnect between the single name and the broader semiconductor complex complicates the read-through for crypto and RWA markets that have traded alongside AI enthusiasm. Whether the weakness stays contained to one name or starts dragging the index back down is the open question worth watching.