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2026-07-07T14:05:09.545Z

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Divergence in American stock indices amid sell-off of AI-related stocks

Divergence in American stock indices amid sell-off of AI-related stocks

The U.S. stock market saw mixed performance, with the Dow Jones Industrial Average rising by 0.2% to reach a new record high, while the S&P 500 and Nasdaq declined by 0.2% and 0.7% respectively. Shares of artificial intelligence companies like MicroON dropped by 5%, and major technology firms such as NVIDIA experienced declines of over 1%. Global markets also saw a noticeable downturn, particularly in Asia and Europe, following Samsung's announcement of decreased demand for electronic chips and the beginning of chip developers like DeepSec reducing their reliance on semiconductors.

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