AI chip stocks drag Wall Street toward worst day since Trump's tariff announcements in 2025

Korea Times News ·
Economy Markets United States

NEW YORK — Another wipeout for stocks tied to the buildout of AI data centers is overwhelming Wall Street on Thursday and more than erasing all its gains from the day before, which was its best in three months. The S&P 500 fell 3.2 percent after opening with a loss that accelerated through the morning. It’s on track for its worst drop since President Donald Trump shook markets worldwide in April…

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