FinanceQuartzabout 2 hours ago
Nasdaq slips as AI stocks fall
2 min read
Nasdaq slips between 0.4% and 0.5% as AI-linked stocks Micron, Intel and Sandisk fall about 2% in early trading on Tuesday. CoreWeave stock dropped more than 3% and Seagate and AMD fell more than 1%. Asian markets declined after the debut, with the Kospi dropping 3.73% and Japan's Nikkei 225 retreating 1.3%. Investors worry about debt funding AI build-outs.
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