Nasdaq-100 Falls 2% as AI Stocks Come Under Pressure
US AI-related shares fell again Friday, with neoclouds among the worst hit. The Nasdaq-100 declined 2%, while the report cited jitters over AI financing.
Shares of AI-related US companies dropped again on Friday, with neoclouds among the worst hit, fueled by fresh jitters over AI financing following Nvidia CEO Jensen Huang’s abrupt exit.The tech-heavy Nasdaq-100 declined 2%, on pace to erase about $800 billion in market value if the losses hold thro…