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Global tech stocks plunge, Nasdaq Composite falls 1.2% on AI investment concerns

CNN Business ·

DELL Dell Technologies Inc
$507.93 -11.27%
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  1. 1The Nasdaq Composite fell 1.2% in early trading.
  2. 2CoreWeave fell 7% and Dell fell 8% on Thursday.
  3. 3Nvidia fell 3% on Thursday, down 10% from its high earlier this month.

So what's the key point?

The Nasdaq index fell 1.2% due to concerns over spending on artificial intelligence. This means the stock prices of tech companies like CoreWeave, Dell, and Nvidia went down.

Source CNN Business · View original ↗

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