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Nasdaq Fights Back After Global Chip Rout — But AI Worries Aren’t Going Away

By Trader Edge at 2026-10-13 23:39

Sentiment: Negative

TLDR The Nasdaq pared losses to finish nearly flat, while the Dow rose 1% and the S&P 500 gained 0.3% on Tuesday. Chip stocks sold off after a ~10% drop in South Korea’s KOSPI index, dragging semiconductors lower on AI valuation concerns. Nvidia fell nearly 5% on reports it may back a $250 billion funding [...] The post Nasdaq Fights Back After Global Chip Rout — But AI Worries Aren’t Going Away appeared first on CoinCentral. Continue reading...

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