CHIPMAKERS SUFFERED A SHARP SELLOFF, WITH THE SEMICONDUCTOR INDEX PLUNGING 5% AND THE NASDAQ 100 FALLING 1.7%, AS INVESTORS TURNED DEFENSIVE AFTER A STRONG AI-DRIVEN RALLY, WHILE THE S&P 500 DECLINED 0.7% AMID GROWING CONCERNS THAT EXPENSIVE AI INVESTMENT COULD EVENTUALLY PRESSURE RETURNS.

CHIPMAKERS SUFFERED A SHARP SELLOFF, WITH THE SEMICONDUCTOR INDEX PLUNGING 5% AND THE NASDAQ 100 FALLING 1.7%, AS INVESTORS TURNED DEFENSIVE AFTER A STRONG AI-DRIVEN RALLY, WHILE THE S&P 500 DECLINED 0.7% AMID GROWING CONCERNS THAT EXPENSIVE AI INVESTMENT COULD EVENTUALLY PRESSURE RETURNS.

Source:https://x.com/FirstSquawk/status/2089810437475070191