Nasdaq 100 Drops 3% as Semiconductors Sink 6.5% and Memory Slides 8.1%

The Nasdaq 100’s decline widened to 3%, alongside a 6.5% drop in the semiconductor index and a decline of more than 8.1% in the memory-chip index. The AI winners index also fell more than 6.5%, while the AI software pioneers index declined 1.3%. The S&P 500 was down 1.5%. The moves point to selective selling across AI-linked technology segments, with chips, memory and AI winners under greater pressure than AI software in the source data.