Chip Stocks Crash; Netflix Warning Hits Tech Hard

U.S. stocks fell sharply on Wednesday, as a deepening selloff in semiconductor shares and a steep drop in Netflix extended a difficult week for technology investors. The Dow Jones Industrial Average lost more than 200 points, while the Nasdaq Composite fell over 1% as chipmakers continued their decline. Netflix shares tumbled more than 8% after the streaming giant issued a warning about slowing subscriber growth, sparking fears of broader weakness in the tech sector. Analysts said the losses reflect growing uncertainty over demand for chips and streaming services, two key drivers of the recent market rally.