STOCKS | U.S. Stock Market Opens Lower as AI Chip Stocks Decline

The U.S. stock market opened with losses, as the Dow Jones Industrial Average fell by 0.66%, the S&P 500 Index dropped 0.85%, and the Nasdaq Composite Index decreased by 1.3%. According to Jin10, AI chip stocks experienced widespread declines. Intel (INTC.O) saw a drop of over 5%, Baidu (BIDU.O) fell nearly 4%, AMD (AMD.O) decreased by 3.5%, and Nvidia (NVDA.O) declined by more than 2%.