WS #12231
Broad tech selloff with semiconductor stocks leading declines; NVDA, AMD, ARM, Micron down 2-6% on AI overvaluation and global chip glut concerns. Netflix reported mixed Q2 results (EPS beat, revenue miss) and weaker guidance, sending stock down ~8% after hours. Apple rose 1.76% to all-time highs on China regulatory news, bucking the tech selloff.
Tech/Semiconductor Selloff
Broad tech selloff with semiconductor stocks leading declines; NVDA, AMD, ARM, Micron down 2-6% on AI overvaluation and global chip glut concerns.
Netflix reported mixed Q2 results (EPS beat, revenue miss) and weaker guidance, sending stock down ~8% after hours.
Apple rose 1.76% to all-time highs on China regulatory news, bucking the tech selloff.