AIAxios Tech6 days ago
Tech stocks tumble again
2 min read
Tech stocks fell sharply Tuesday, with AI-related shares posting double-digit losses by noon ET. Datacenter stocks tumbled without a clear catalyst. AMD and Intel shares dropped over 8%. Optical networking stocks fell even more sharply, with Coherent down over 30%. The selloff hit a market rally that drove the S&P 500 up over 75% in three years.
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