FinanceQuartzabout 1 hour ago
Tech stocks rebound after AI selloff
2 min read
The Nasdaq Composite rose 1.9% on Friday as chip and data center stocks recovered from a Thursday selloff that cut about $2.5 trillion from the index. Nvidia gained 6% and Micron climbed nearly 7%. Investors sold AI stocks after Democrats won the House and Senate, worrying data center expansion could slow.
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