NDX
+0.21%
29,544.15
NDX
29,544.15
Tech investors rotated out of megacap software and hardware names and into AI chipmakers on the same day. This split suggests the market is treating chip supply and memory names as a separate trade from the broader mega-cap tech group rather than moving together.
DJI
-0.51%
53,414.25
DJI
53,414.25
Megacap tech and Tesla led losses while AI chip and memory stocks such as SanDisk (+11.9%), SK Hynix (+8.14%), Micron (+6.1%) and Intel (+4.51%) rallied sharply. This shows money rotating within tech, out of software/consumer megacaps and into chip and memory names, rather than a broad market selloff.