Intel (INTC), AMD (AMD), NVIDIA (NVDA) Getting Crunched

Reports from Japan that they may shutdown production for polycrystalline silicon and silicon wafer makers in the country for one month, has shares of Intel (INTC) and AMD (AMD) under pressure, while NVIDIA (NVDA) was also getting hit hard.

The reason for the possible shutdown is the Japanese government is putting into play a power brownout policy which could affect the manufacturers of polycrystalline silicon and silicon wafers.

That would result in companies in the semiconductor industry running out of poly-Si supply very quickly.

Intel was trading at $20.14, down $0.70, or 3.38 percent, as of 12:02 PM EDT. AMD was trading at $8.32, falling $0.11, or 1.30 percent. Both companies have rebounded from earlier in the session. NVIDIA was trading at $17.88, down $0.32, or 1.76 percent. They also have pushed up some as the day goes on.