US Stocks Open Lower as Chip Rout Extends, Nasdaq Leads Losses

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technology

17 July 2026 at 7:31 pm

US Stocks Open Lower as Chip Rout Extends, Nasdaq Leads Losses

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Summary

US stocks opened lower as investors re-evaluated the AI-driven rally, leading to a selloff in chip stocks like Nvidia and Intel. Netflix also saw a decline after a weak forecast, with the Nasdaq experiencing significant losses.

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