Stocks trade lower as a broad sell-off in semiconductor-related shares spills into wider markets, driving renewed doubts about artificial-intelligence-related demand. Multiple reports describe sharp declines in major U.S. equity benchmarks, including the Nasdaq and the S&P 500, with futures also dropping as the move extends beyond individual companies. The coverage links the weakness to global chip weakness, suggesting investors are reassessing near-term growth expectations tied to technology spending and AI infrastructure.

Across the outlets, the central theme is that the sell-off in chips is pulling down high-growth and AI-sensitive areas, which heavily influence the Nasdaq’s performance. While the articles focus on market direction rather than detailed company news, they attribute the broader pullback to sentiment and positioning around AI and semiconductors. The reports indicate that market participants interpret the chip downturn as a sign of softer demand or supply-chain stress, prompting investors to reduce exposure to AI-linked themes in both spot trading and futures markets.