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Nvidia, Micron, and other AI stocks take a dive after elections
Some air was let out of the AI bubble this morning as tech stocks took a dive.
AI Summary
Tech stocks fell sharply after the election, with the S&P 500 down about 3.9% by 2:30 pm EST. Nvidia, a major AI‑focused company, saw its shares drop below their year‑to‑date high. Memory and storage firm Micron slid roughly 15% from its recent peak. The decline followed gains seen earlier in the week, indicating a pullback in the AI‑related segment of the market. The drop reflects a broader correction in technology shares after the election.
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