What many analysts called today "the collapse of the US stock market" is apparently only a correction of a separate segment related to artificial intelligence. The S&P 500 index fell 2%, the Nasdaq fell about 4% and the Dow Jones fell more than 500 points following disappointing financial results from technology companies. Intel shares fell more than 30% after publishing forecasts that turned out to be weaker than expected. Amazon shares fell 1.7% after reporting results that missed expectations and announcing increased capital spending. Signs of a slowdown in AI business growth have heightened scrutiny of the sustainability of demand for artificial intelligence and whether the huge sums being invested in the technology will yield a sufficient return. Among the chipmakers, AMD was down 12%, Broadcom was down 6.5% and Micron was down 7%. Among the major tech companies, Alphabet extended a 2% decline after a 12.6% collapse. Elsewhere in the sectors, ExxonMobil rose 1 percent and Chevron rose 1.5 percent as both companies beat third-quarter forecasts. During the week, the S&P 500 fell 1%, the Nasdaq lost 3% and the Dow Jones lost 500 points. During the month, the S&P 500 fell 1%, the Nasdaq fell 7%, and the Dow Jones gained 2%.

What many analysts called today "the collapse of the US stock market" is apparently only a correction of a separate segment related to artificial intelligence. The S&P 500 index fell 2%, the Nasdaq fell about 4% and the Dow Jones fell more than 500 points following disappointing financial results from technology companies. Intel shares fell more than 30% after publishing forecasts that turned out to be weaker than expected. Amazon shares fell 1.7% after reporting results that missed expectations and announcing increased capital spending. Signs of a slowdown in AI business growth have heightened scrutiny of the sustainability of demand for artificial intelligence and whether the huge sums being invested in the technology will yield a sufficient return. Among the chipmakers, AMD was down 12%, Broadcom was down 6.5% and Micron was down 7%. Among the major tech companies, Alphabet extended a 2% decline after a 12.6% collapse. Elsewhere in the sectors, ExxonMobil rose 1 percent and Chevron rose 1.5 percent as both companies beat third-quarter forecasts. During the week, the S&P 500 fell 1%, the Nasdaq lost 3% and the Dow Jones lost 500 points. During the month, the S&P 500 fell 1%, the Nasdaq fell 7%, and the Dow Jones gained 2%.