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المشهد العربي
Nasdaq 100 Faces Tech Decline
The Nasdaq 100 index experienced a sharp decline and entered a correction phase, dropping by 1.75% to reach 27,529 points. This represents a roughly 10.5% decrease from its peak in June, occurring over just 38 sessions — compared to more than 100 sessions during the previous correction wave in March. This decline comes amid concerns over diminishing investment returns from large-scale spending programs on artificial intelligence technologies, with increasing selling pressures on major tech company stocks—especially in the semiconductor sector—due to growing worries about the expected diminishing returns on AI investments, the impact of the Middle East war, and China's advancements in chip manufacturing equipment.
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