Nasdaq 100 falls 6.36% and semiconductors drop 10% after regulatory shift in Washington
The Nasdaq 100 plunged 6.36%, its biggest drop since April 2025, in a session marked by the regulatory shift in Washington and doubts over the AI bubble. The Philadelphia SOX semiconductor index fell nearly 10%. Micron and AMD each lost 17%, Broadcom 10%, while Alphabet and Amazon shed 2%. Money fled into bonds.
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