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U.S. stocks open weaker, AI chip sector collectively pulls back
All three major U.S. stock indices declined at the open, with the Dow Jones and S&P 500 slightly falling back, and the Nasdaq dropping 1.3%, with technology sectors notably dragging down.
AI chip concept stocks generally declined, with Intel leading the decline, Baidu and AMD falling simultaneously, and Nvidia also experiencing a significant pullback.
This round of adjustment stems from profit-taking in technology stocks earlier, combined with rising market concerns leading to decreased risk appetite. The short-term U.S. stock market remains volatile, with increased fluctuations in tech stocks.