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Woofun AI data shows that U.S. equity markets opened with broad declines, as the Dow Jones Industrial Average fell 0.36%, the S&P 500 dropped 0.66%, and the Nasdaq Composite lost 1.1%.
Concurrently, the CBOE Volatility Index (VIX) surged 8.91%.
AI-related equities experienced significant downward pressure. ON Semiconductor shares plummeted 18.82%, while Micron Technology fell 5.62%, Astera Labs dropped 5.39%, Teradyne declined 4.44%, and CoreWeave decreased 4.42%.