AIFortuneabout 2 hours ago
Tech stocks suffer biggest selloff since Covid
3 min read
Tech stocks suffered their biggest selloff since the 2020 pandemic on Thursday, dropping 5.2% as investors feared the U.S. midterm election results would halt the AI boom. The Nasdaq shed more than $3 trillion in market cap, while the Philadelphia Semiconductor Sector index lost over 1,000 points.
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