Nasdaq 100 Plunges and Intel Falls Most in 40 Years

The latest market buzz centers on the Nasdaq 100's sharp decline, triggered by disappointing earnings from tech giants like Apple and Amazon. Intel faces its deepest stock drop in 40 years alongside massive job cuts and a bleak forecast. While Apple grapples with competition in China, its AI investments promise future growth. Meanwhile, an AI chip startup gears up for an IPO, showcasing the dynamic shifts in the tech landscape. Overall, the discussion highlights the resilience and challenges within the fast-evolving tech industry.