WS #12900
Nasdaq 100 heading for correction as AI worries mount; NVDA falls 5%, DELL drops out of trading range, and large bearish options flow in NVDA and INTC confirms institutional positioning against AI/semiconductor names. Apple becomes second company to hit $5 trillion market cap intraday and launches 'Upgrade' device leasing program with Klarna, providing a bullish counter-narrative to the tech selloff. Several deaths confirmed at Aeon Mall in Kumamoto after post-quake explosion; TSMC plant evacuated, escalating supply-chain risks for semiconductors.
AI/Chip Selloff Deepens
Nasdaq 100 heading for correction as AI worries mount; NVDA falls 5%, DELL drops out of trading range, and large bearish options flow in NVDA and INTC confirms institutional positioning against AI/semiconductor names.
Apple becomes second company to hit $5 trillion market cap intraday and launches 'Upgrade' device leasing program with Klarna, providing a bullish counter-narrative to the tech selloff.
Several deaths confirmed at Aeon Mall in Kumamoto after post-quake explosion; TSMC plant evacuated, escalating supply-chain risks for semiconductors.