Nasdaq 100 Drops Nearly 3% as AI and Chip Stocks Slide on Renewed U.S.-China Tensions | Collector

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Nasdaq 100 Drops Nearly 3% as AI and Chip Stocks Slide on Renewed U.S.-China Tensions

Yeshiva World News

Nasdaq 100 Drops Nearly 3% as AI and Chip Stocks Slide on Renewed U.S.-China Tensions

The Nasdaq 100 sank almost 3% Tuesday as AI and semiconductor stocks were hit by renewed concerns over U.S.-China technology tensions. Chipmakers led the decline after President Trump said the U.S. must respond to Chinese actions, putting fresh pressure on the sector that has powered much of the market’s recent rally.

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