Nvidia (NVDA), Super Micro Computer (SMCI), and Dell (DELL) shares plunged Monday after Singapore said it’s investigating whether servers shipped to Malaysia containing chips barred from China ended up in the mainland.

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The odds of the economy slowing while inflation stays fast — stagflation — may be increasing as a new survey showed that U.S. employers drastically curtailed their hiring last month to the slowest pace since July.

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President Donald Trump has announced plans to create a strategic crypto reserve, shifting gears from his earlier promise to stockpile Bitcoin. Trump’s cryptocurrency reserve will consist of Bitcoin, often referred to as “digital gold” for its ability to hedge against inflation, along with Ether, the second-largest cryptocurrency by market cap, XRP, Solana, and Cardano.

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Nvidia (NVDA) stock fell 5.7% on Thursday, bringing its decline this year to more than 17% amid concerns about declines in spending on AI, amid a general selloff in that took the tech-centered Nasdaq 100 down 2.8%. The wider Composite index fell 2.6%.

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President Trump has unveiled a new proposal for a strategic crypto reserve, shifting his focus from a Bitcoin-only reserve to a more diversified approach. His plan involves a reserve comprising Bitcoin — often dubbed “digital gold” for its inflation-hedging properties — alongside Ether, XRP, Solana, and Cardano.

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Servers containing chips barred from China may have been sent there from Singapore via Malaysia