With the decrease in the shares of artificial intelligence companies … American stocks are declining

American stocks fell in morning trading today, Thursday, due to the decline in shares of major artificial intelligence technology companies.
The broader index fell by 0.7% to resume its decline after a short truce yesterday, in which he recovered part of the losses of the previous days.
The Dow Jones Industrial Industrial Index declined by 131 points, or 0.30% by ten o’clock and 50 minutes in the morning, the East Coast time of the United States, and the Nasdak Synod index fell by 0.9%.

Corporate shares decline

The shares of semiconductor companies and their more heavyweight suppliers in the market in particular, after the standard heights that they recorded in recent years as a result of the mania that surrounded artificial intelligence technologies.
Marvel Technology shares decreased by 16.5%, despite announcing the achievement of results during the last quarter of last year consistent with expectations.
The share of the chip industry company, Enfeda, decreased by 2.3%, and its rival Broadcast by 3.5% before announcing its quarterly results after the conclusion of today’s transactions.

It is noteworthy that the shares of major artificial intelligence companies took control of the American stock market for years and helped achieve the market in a row.
However, this strong performance, including the increase in Invidia, by 820% during the period from 2023 to 2024, made critics say that these prices have increased more than it should.
These companies also face the threats of Chinese artificial intelligence companies that have developed products that are able to compete in performance and at a much lower cost than the cost of American companies, as happened with the Chinese company Deep Seick.