Wall Street slumps sharply: Nasdaq falls more than 5% and chipmakers tumble
The Nasdaq 100 plunges more than 5% on Wall Street, with Nvidia and Broadcom each losing more than 5% and Tesla dropping 9%. According to the report, investors are beginning to question the huge investments in artificial intelligence amid regulatory risks and doubts about data centers. On the positive side, the report mentions AppLovin.
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