Another sell-off for AI stocks drags Wall Street to its first back-to-back drop in weeks

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Wall Street fell sharply as AI stocks sold off again, marking the market’s first back-to-back decline in weeks. Super Micro Computer dropped after announcing a $7 billion capital raise, which intensified pressure on AI-linked names. Nvidia and other semiconductor-related stocks also weakened as investors questioned whether AI valuations had risen too far. The piece also notes that some traders may be shifting cash ahead of upcoming high-profile AI IPOs.

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