US tech stocks rebound after AI spending selloff, Nasdaq gains 0.83%
AIThe S&P 500 rose 0.37% and the Nasdaq gained 0.83% on Tuesday as tech stocks recovered from a brief AI-driven selloff. Nvidia rose 2.3% after four sessions of losses, while Apple fell 1.9% after forecasting a weaker-than-expected margin due to higher memory chip costs.
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The Guardian · AI · Lauren Aratani · theguardian.comPublished · added here
Original title: US tech stocks recover after selloff spooks investors over AI spending