US Markets Today | $2.5 Trillion Wiped Out As AI And Chip Stocks Lead Wall Street Rout

Wall Street has suffered its worst sell-off since April 2025, with technology stocks bearing the brunt of the market rout. Chipmakers, artificial intelligence-linked companies and data centre players led the decline, wiping out an estimated $2.5 trillion in market value from the Nasdaq 100. The sharp fall has also erased much of the market optimism that followed the US midterm elections. Investors are now closely watching the technology sector as concerns over valuations and the AI trade weigh on sentiment.