#value rotation

Lead report

NVDA Leads Tech Selloff, Nasdaq Posts Biggest Single-Day Drop in Three Weeks on AI Demand Concerns

Nvidia's sharp decline dragged the Nasdaq to its largest single-day drop in three weeks, as worries over slowing AI chip demand growth sparked a broad tech selloff. The S&P 500 and Dow showed resilience, with capital rotating into value sectors, raising questions about whether the AI investment theme is at a turning point.