WS #12984
Nasdaq-100 enters correction territory as chip selloff deepens; SK Hynix falls 19% despite profit surge; Nvidia CDS spikes to 82 bps; AI bubble narrative deflating. WFA and X settle over GARM litigation; Elon Musk settles long-running legal battle with X advertisers. Apple becomes a $5 trillion company, a bullish signal for tech, contrasting with broader AI selloff.
AI Chip Selloff Deepens
Nasdaq-100 enters correction territory as chip selloff deepens; SK Hynix falls 19% despite profit surge; Nvidia CDS spikes to 82 bps; AI bubble narrative deflating.
WFA and X settle over GARM litigation; Elon Musk settles long-running legal battle with X advertisers.
Apple becomes a $5 trillion company, a bullish signal for tech, contrasting with broader AI selloff.