Nasdaq slips as AI-linked stocks Micron, Intel and Sandisk fall about 2%.
Context
What happened: Nasdaq slipped as AI-linked stocks Micron, Intel and Sandisk fell about 2%. South Korean AI firm Elice fell more than 30% in its Seoul debut, and CoreWeave stock dropped more than 3%.
Key numbers: Micron, Intel and Sandisk down about 2%; Elice down more than 30% in Seoul debut; CoreWeave down more than 3%.
Why it matters: The declines hit AI-linked names across US and Korean markets on the same day, with Elice's debut drop marking a weak first session for the South Korean AI firm.
Coverage: 3 outlets in 24h