US stocks sell off broadly as Nasdaq drops nearly 4%, AI-linked shares fall over 10%

Cointime reports: US stocks fell sharply on November 6, with the Nasdaq Composite dropping about 4% and the Nasdaq 100 losing 4.52%, while the S&P 500 fell 2.7% and broke below its 100-day moving average and September low. AI supply-chain stocks slid more than 10%, including memory names SanDisk, Western Digital, Micron and SK Hynix; chipmakers AMD, Qualcomm and Arm; and data-center and power suppliers Nebius, CoreWeave and Bloom Energy, the latter down nearly 18%.