Nasdaq hits near three-month low as Amazon, Intel rattle AI trade

Nikkei Asia Techen

Nasdaq hits near three-month low as Amazon, Intel rattle AI trade

The warning sparked a selloff in global chip stocks, with Nvidia down 3.7% and AMD sliding about 10%. The broader chips index shed 7%. Server makers Dell and HP lost 10.4% and 8.7%, respectively.

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