Wall Street Loses $1.3 Trillion as AI Rally Slows with Nvidia and Micron Declines

Wall Street experienced a massive downturn. Approximately $1.3 trillion in value was wiped out. This decline occurred as the AI rally began to slow. Nvidia shares saw a slip of 6%. Micron shares fell by 13%. The market reaction reflects a shift in momentum. Investors are reacting to the slowing AI trend. This volatility impacts major semiconductor players.