Tech Selloff Amid AI Momentum

Tech stocks are crashing hard as Nasdaq futures plunge nearly 3%, dragging S&P 500 and Dow down too — and it’s not just here: Asia’s AI-linked giants like SK Hynix and memory chip makers are also bleeding, with Kospi and Nikkei taking major hits. Despite the selloff, the Nasdaq’s 95% surge this year fueled by AI hype shows how volatile extreme momentum can be — and some say this correction is actually healthy. Big names like Alphabet, Intel, AMD, and Qualcomm are down sharply, while defensive stocks like Walmart and Johnson & Johnson are holding steady as investors seek safety. Upcoming earnings from AI chipmakers like Cerebras and Micron could sway the tide. Support the show:Get a discount at https://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/05216d61e1c53cd9