Business · Markets · 7 hrs ago
Nasdaq recovers as chip sell-off fuels worries about AI spending
US stocks came under pressure on Thursday as investors worried that spending on artificial intelligence may be too high.
Chipmakers and other AI-related shares were among those hit by the sell-off.
US chip companies lost more than $1 trillion in value over a week, according to data cited in the coverage.
Even strong results from chipmaker TSMC did not initially stop the declines.
By the close, the Dow Jones was up about 1% and the S&P 500 had gained 0.3%, while the Nasdaq was almost unchanged.
The Nasdaq recovered from its earlier losses, but concern about an AI bubble continued to weigh on technology stocks.
The coverage gives no further steps or outlook for what happens next.
The Nasdaq recovered from a steep opening loss on Thursday to close almost unchanged.
A second wave of selling hit US and Asian markets, led by chip stocks.
Losses among US chip companies exceeded $1 trillion over a week, according to Bloomberg data cited by Handelsblatt.
Investor concern about heavy artificial intelligence investment weighed on technology and other AI-related stocks.
The Dow Jones rose about 1% and the S&P 500 gained 0.3%.
- Who
- US and Asian stock markets, including the Nasdaq and chip companies.
- What
- Chip-stock selling and concerns about AI investment weighed on markets; the Nasdaq recovered its opening loss.
- When
- Thursday, October 15, 2026.
- Where
- US and Asian markets; the Nasdaq is in the United States.
- Why
- Investors were concerned about the scale of AI investment and the risk of an AI bubble.
This story does not have two clearly opposing sides.
Market turbulence affected US and Asian markets.
A second wave of selling hit US and Asian markets.
The Nasdaq recovered its steep opening loss and closed almost unchanged.
- Nasdaq close
- 26,713 points, almost unchanged
- Dow Jones close
- 52,177 points, up about 1%
- S&P 500 close
- 7,744 points, up 0.3%
- US chip-company losses
- More than $1 trillion over one week, according to Bloomberg data cited by Handelsblatt
- AEX
- Losses were limited as defensive companies benefited from reduced risk exposure
4 sources
Nasdaq toont veerkracht, koersval chipbedrijven drukt op AEX
Dow Jones, S&P 500, Nasdaq: Nasdaq fängt sich zu Handelsende – nach Abverkauf von Chipwerten
Viele Kurse fallen immer weiter: Ausverkauf von Tech-Aktien an US-Börsen vernichtet Billionenwerte