👆 "The sell-off pushed the Nasdaq 100 close to what is known as 'correction territory,' … a decline of 10% or more …

… As … tech companies … build out AI data centers, investors are looking for clearer signs that all that spending is actually delivering returns.

… one of the day’s worst-performing stocks, Intel, plunged 29% in its worst-ever single-day drop, [sijce the] 1980s.

… SanDisk plunged 13%; chipmakers AMD, ARM Holdings, Qualcomm & Marvell all fell around 10%."

#noAI #schadenFriday