The Nasdaq was trading higher on Tuesday as investors positioned themselves ahead of Nvidia’s quarterly earnings release, according to De Telegraaf. The gains on the U.S. tech-heavy index came in contrast to a weaker session in Amsterdam, where semiconductor equipment maker Besi pressured the benchmark AEX index.
De Telegraaf reported that the market mood was split, with U.S. tech optimism offset by European chip-sector weakness. The live coverage noted that Besi’s decline was a key drag on the Dutch index, while the Nasdaq’s advance was fueled by anticipation of Nvidia’s results, which were expected after the close.
The reporting also referenced broader volatility in the chip sector. Earlier coverage from BNR indicated that chip stocks had been “heavily hit” on Wall Street, with Tesla and SpaceX also trading lower. However, later reports from Nieuws.nl suggested that tech and semiconductor shares were recovering in a positive session on Wall Street, and IEX.nl pointed to a higher opening for U.S. markets.
The mixed signals reflect ongoing uncertainty around chip demand and valuations, with Nvidia’s earnings seen as a key test for the sector. In Amsterdam, Besi’s slide highlighted that European chip suppliers remain sensitive to the same global trends, even as U.S. indices showed resilience.
Investors will now watch Nvidia’s earnings release closely, as the outcome could set the tone for both U.S. and European tech stocks in the coming sessions. The divergence between the Nasdaq’s rise and the Amsterdam index’s decline underscores how company-specific news, such as Besi’s performance, can still move regional markets independently of broader U.S. momentum.
