The Nasdaq 100 drops 6%, losing a record $2.3T in value, and the Philadelphia chip index plunges 12%, on concerns over the AI trade after Democrats won Congress (Natalia Kniazhevich/Bloomberg)
Natalia Kniazhevich / Bloomberg : The Nasdaq 100 drops 6%, losing a record $2.3T in value, and the Philadelphia chip index plunges 12%, on concerns over the AI trade after Democrats won Congress — Technology stocks plunged the most since 2020 on Thursday as investors exited the sector on concerns over the artificial intelligence trade …