S&P 500 drops 3% in worst day since 2025 as AI chips slide

S&P 500 drops 3% in worst day since 2025 as AI chips slide

It’s on track for its worst drop since President Donald Trump shook markets worldwide in April 2025 after announcing his “Liberation Day” tariffs.

A wipeout for AI stocks sends Wall Street reeling, and the S&P 500 tumbles more than 3%

NEW YORK (AP) — Another wipeout for stocks tied to the buildout of AI data centers is overwhelming Wall Street on Thursday and more than erasing all its gains from the day before, which was its best in three months. The S&P 500 fell 3.

AI chip stocks drag Wall Street toward worst day since Trump's tariff announcements in 2025

NEW YORK — Another wipeout for stocks tied to the buildout of AI data centers is overwhelming Wall Street on Thursday and more than erasing all its gains from the day before, which was its best in three months. The S&P 500 fell 3.2 percent after opening with a loss that accelerated through the morning. It’s on track for its worst drop since President Donald Trump shook markets worldwide in April 2025 after announcing his “Liberation Day” tariffs…

S&P 500 Falls 3% as Semiconductor Index Drops More Than 10%

Nvidia fell more than 8%, while AMD dropped 15.6% and Sandisk lost 19.4%.