WS #12906
Nasdaq 100 on track for correction as AI investment payoff worries hit mega-cap tech; semiconductor stocks crater (MU -9.1%, TER -10.4%, LRCX -8.8%, NVDA -5.9%) amid fears of Chinese competition and leverage unwind.
Tech Selloff Deepens: AI Payoff Concerns and Semiconductor Rout
Nasdaq 100 on track for correction as AI investment payoff worries hit mega-cap tech; semiconductor stocks crater (MU -9.1%, TER -10.4%, LRCX -8.8%, NVDA -5.9%) amid fears of Chinese competition and leverage unwind.