Wall Street opened lower on Monday, with semiconductor manufacturers leading the decline as investors grew increasingly wary of an artificial intelligence valuation bubble.
The sell-off in technology equities was compounded by rising geopolitical uncertainty stemming from an escalating crisis in the Middle East.
32 points on Tuesday as tech-heavy indices faced intense selling pressure, while the Nasdaq Composite and S&P 500 also posted significant losses.
The downturn marks a continuation of the sharp correction that swept through global tech stocks on Tuesday.
During that session, a wave of liquidations hit semiconductor manufacturers hardest, with selling pressure spreading from US exchanges to Asian markets.
The Dow Jones Industrial Average fell 395.32 points on Tuesday as tech-heavy indices faced intense selling pressure, while the Nasdaq Composite and S&P 500 also posted significant losses.
The current market move reflects a dual threat to risk assets: fundamental concerns over AI-related valuations and external shocks from geopolitical instability.