The Nasdaq 100 has dropped over 10% from recent highs as semiconductor stocks crater and AI spending concerns mount, pressuring crypto markets.

Chip stocks crater globally as KOSPI drops 10%, Nvidia falls 5%, and ASML slides 8.5%, raising questions about AI spending sustainability and

(Bloomberg) -- A rotation that has seen Wall Street investors bail from high-profile chipmakers in favor of more economically sensitive industries picked up speed, driving the…

The benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.