Tech Wreck Deepens: Nasdaq-100 Enters Third Correction of 2025 as AI Fears Grow

The Nasdaq-100 index has fallen into its third correction of the year, extending a technology stock selloff that began in October. A correction is defined as a decline of at least 10% from a recent peak. Investor concerns about artificial intelligence (AI) are driving the drop. Questions are mounting over whether the massive spending on AI infrastructure will deliver the expected profits. The selloff has erased significant value from major technology companies. Market analysts are now watching closely to see whether the decline deepens into a bear market — a drop of 20% or more from recent highs.