The technology sector, particularly impacted by a sharp 3.4% drop in the NASDAQ composite, is facing a reassessment of growth expectations as economic uncertainty looms. High-profile AI stocks, which previously drove sector gains, have suffered significant declines. Google's recent legal defeat, where a US district judge ruled the company violated antitrust laws by maintaining a monopoly in web searches, poses a serious challenge to its dominance and may influence ongoing antitrust cases against other tech giants. The ruling highlights the implications of Google's multi-billion dollar agreements to be the default search engine on major devices, inhibiting competition from alternatives like Microsoft’s Bing. Meanwhile, NVIDIA, a leading AI chip manufacturer, faces a major manufacturing setback with its highly anticipated Blackwell GPUs delayed by three months or more due to a design flaw. This setback not only hampers NVIDIA's ability to meet rising demand for AI hardware but also raises concerns about production capabilities in a sector increasingly reliant on advanced technology.

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