AI Stocks Tumble, Nvidia Hits 3-Month Lows: What's Moving Markets Wednesday? - Constellation Energy (NASDAQ:CEG)
Investors rushed to dump tech and AI-linked stocks on Wednesday, fueling a broad sector selloff reminiscent of the red days in October and November, when traders fretted over the risk of an AI bubble.By midday trading in New York, the Nasdaq 100 slid 1.3%, while the iShares Semiconductor ETF (NYSE:SOXX) sank nearly 3%, marking its fourth consecutive session of losses.Chipmakers have now fallen 9% over the past four days, the sector's worst stretch since the tariff-driven selloff in April.Nvidia Corp. (NASDA ...