A significant decrease in American stocks due to the decline in artificial intelligence companies

American stocks have declined strongly in noon trading today, Thursday, due to the decline in shares of major artificial intelligence technology companies.
The broader S&P 500 index fell by 1.8% to resume its decline after a short truce yesterday, in which he recovered part of the losses of the previous days. The standard declined by 512 points, or 1.2% by one o’clock and 9 minutes at noon, East Coast time of the United States.

American stocks

The complex declined by 2.4%. 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 17.3%, despite announcing the achievement of results during the last quarter of last year consistent with expectations. She also said that she expects her revenues to grow during the current quarter by 60% for the same period last year. But these results were not sufficient to persuade investors who used to achieve artificial intelligence companies better results than expectations.

The share of the chip industry company, Enfedery, decreased by 5%, and its rival Broadcast, by 5.8%, before announcing its quarterly results after the conclusion of today’s transactions. The two companies are considered one of the three largest companies weighing on the S & B500.

Artificial intelligence companies

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.

Customs

After US President Donald Trump announced yesterday, the American auto company companies were given a period of one month before applying the new customs tariff to its imports from Canada and Mexico, in light of fears that any commercial war will harm the interests of American car companies, American Trade Minister Howard Lootnik said today that it is possible to postpone the customs duties that President Donald Trump decided to impose by 25% on Canada and Mexico for a month for most goods and services, in a manner that expands a scope The exemption by President Trump yesterday for the auto industry.
In an interview with CNBC American television channel, Howard Lootnick said that the postponement of a month for import (fees) of imports “can include all goods and services from USC CC countries” in reference to the free trade agreement signed between the United States, Canada and Mexico in the first state of Trump, which replaced the previous agreement known as NAFTA. Lottennik believes that more than half of the United States’ imports of the two countries will be eligible to benefit from the delay.