WS #12675
Nasdaq 100 on track for worst July in 22 years; semiconductor stocks (TSM, MU, AVGO, QCOM) down 2-7% amid profit-taking and AI trade unwinding. Trump threatens new Section 301 tariffs on EU after $15B fines on Apple, Meta, Amazon, Google; EU trade deal caps may be tested.
Tech and semiconductor selloff
Nasdaq 100 on track for worst July in 22 years; semiconductor stocks (TSM, MU, AVGO, QCOM) down 2-7% amid profit-taking and AI trade unwinding.
Trump threatens new Section 301 tariffs on EU after $15B fines on Apple, Meta, Amazon, Google; EU trade deal caps may be tested.