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Tech stocks fell amid profit-taking, not AI skepticism, as Nasdaq futures dipped and Nvidia dropped nearly 4%.
Tech stocks, including major AI firms like Nvidia and Palantir, fell sharply amid a second day of selling, with Nasdaq futures down 0.2% and Nvidia dropping nearly 4%.
The selloff, which spread to Seoul and Tokyo, followed Palantir’s strong earnings that triggered an 8% share drop.
Analysts say the move reflects profit-taking and year-end positioning, not a loss of faith in AI.
While some, like South Korea’s exchange, warned on SK Hynix, most view the correction as normal, with investors like Matthew Haupt buying dips, awaiting clarity on the U.S. Supreme Court’s upcoming tariff ruling.
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Las acciones tecnológicas cayeron en medio de la toma de ganancias, no del escepticismo de la IA, ya que los futuros de Nasdaq cayeron y Nvidia cayó casi un 4%.