Nasdaq 100 Nears Correction as AI Spending Doubts Hit Chip Stocks
📡 Bloomberg Markets · 1 min read ·
Part of composite article AI Spending Panic + China’s Chip Breakthrough Spark $500 Billion Selloff View full article →
The Nasdaq 100 Index is close to a correction on Tuesday. A sharp selloff in semiconductor stocks is driving the decline. Investors are questioning how much money Big Tech is spending on artificial intelligence.