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Dow Jones NewsAug 29, 3:37 PM UTC
DJ The AI Fears Dragging Markets Lower -- WSJ
By David Uberti
AI jitters are rattling through the stock market before traders jet for the Labor Day weekend.
The Wall Street darlings that sell chips, servers and other infrastructure for the AI boom have posted mixed results in recent days:
-- Marvell Technology shares plunged about 15% Friday after the company reported data-center revenue that fell short of expectations.
-- Dell Technologies fell about 8% following a weaker-than-expected profit forecast that suggested weak margins on server sales.
-- Nvidia's post-earnings pullback accelerated thanks to mounting investor concern about AI demand.
At the same time, state-backed challengers from China are growing in ambition. Read more below:
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 29, 2025 11:37 ET (15:37 GMT)
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