Nvidia, Micron, AMD lead tech sell-off as AI trade cools
What occurred: Nvidia (NVDA), Micron Technology (MU), and AMD (amd) led a tech sector sell-off on Tuesday. What’s behind the transfer: Investors shifted to risk-off mode, promoting this 12 months’s market leaders after a hawkish Federal Reserve signaled last week that inflation stays too excessive. The general Technology sector (XLK) led the declines, dragging the…
