Tech stocks fall sharply on Wall Street
Wall Street experienced a sharp decline in U.S. stocks, with the Nasdaq falling by 1.96%, the S&P 500 dropping by 1.39%, and the Dow Jones approximately 0.6%. This was driven by pressure on the technology sector and profit-taking in AI and semiconductor stocks. Major tech companies such as Alphabet, Micron Technology, Intel, and Qualcomm saw their shares decline, while the Asian stock markets saw South Korean and Japanese indices plunge due to these uncertainties.
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