ReferIndia News Tech rout deepens as S&P 500 falls; AMD plunges 16% after weak forecast

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Tech rout deepens as S&P 500 falls; AMD plunges 16% after weak forecast

Published on: Feb. 4, 2026, 11:08 p.m. | Source: CNBC TV18

US stocks fell on Wednesday, February 4, as technology shares came under pressure. The S&P 500 declined 0.4% and the Nasdaq 100 dropped 1.5%, marking its second straight day of losses. Semiconductor stocks led the selloff, with AMD down 16%, Broadcom falling 5%, and Micron slipping 9%, following weaker-than-expected forecasts.

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