US Indices Tank, Big Tech and AI Chips Slide
US major indices closed lower: Nasdaq -1.59% (week -1.24%), S&P 500 -1.33% (week -2.02%), Dow -0.95% (week -3.01%). Large tech stocks declined broadly, Intel >5%, Nvidia 3%, Amazon/Tesla/Meta >2%, Apple >1%. Crypto stocks fell sharply but Marvell surged 18%.





