Tech Markets Cool as AI Rivals Rise | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews Tech stocks are in freefall as AI-driven gains turn sour, with Nvidia, Qualcomm, and Micron taking heavy losses amid fears of overheated valuations and waning chip demand. China’s new AI rival, Moonshot, adds pressure, echoing last year’s DeepSeek disruption. SpaceX’s failed Starship launch and Netflix’s earnings miss compound the sector’s woes. Global markets mirror the turmoil: Taiwan’s TSMC and Japan’s Nikkei plunge, while Europe trades lower. Geopolitical flashpoints, including U.S. strikes in Iran, spike oil prices and amplify investor anxiety. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f6dff8d6f8d54721