Add as a preferred source on GoogleAI-Linked Stocks Slide at U.S. Open as Astera Labs Falls 6.02%
Micron, Marvell, Arista Networks and CoreWeave also declined as major U.S. indexes opened in mixed territory Tuesday.
AI-linked stocks declined broadly at the U.S. market open Tuesday, with Astera Labs leading losses as semiconductor and infrastructure shares moved lower alongside mixed major indexes.
At 9:31 a.m. ET (13:31 UTC), Astera Labs fell 6.02%. Micron declined 5.61%, while Marvell and Arista Networks each dropped 5.07%. CoreWeave fell 4.56%.
The move extended a pattern seen in recent AI-linked stock coverage, though Tuesday’s declines were steeper among several names.
The Dow Jones Industrial Average rose 0.7% at the open. The S&P 500 slipped 0.08%, while the Nasdaq Composite declined 0.36%.
The Cboe Volatility Index, commonly known as the VIX, rose 3.3%, indicating a higher level of expected stock-market volatility.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.