The situation is going to get worse for investors in the IT sector. The US stock market 'Nasdak' had a huge bargain on Monday. As a result, the seven most valuable technology companies in the United States have lost a total of $ 5 billion market value, the largest decline after 2022. These seven companies are Apple, Microsoft, Nvidia, Tesla, Google, Amazon and Meta. Experts see the fear of the economic downturn and the fear of the trade war.
Apple has suffered the biggest loss, whose market value has dropped by about $ 1 billion. Nvidia lost about 1 billion and its shareholders were reduced by 5 percent. The top AI chip production company lost one-third of its market prices in just two months after arriving at a new peak in January.
This widespread falling technology sector is being seen as a major warning signal. Especially when the shares of such companies are so fast and widely reduced.
Meanwhile, electric car maker Tesla's share has dropped by 5.7 percent, which is becoming the worst day after 2021. Tesla has lost more than 5 percent of its market value since reaching the highest level at the highest level in mid -December. In addition, Tesla has been experienced in the longest shares of her history.
Tesla lost $ 1 billion market prices on Monday, while Microsoft and Alfabet lost $ 1 billion and $ 1 billion respectively. And Amazon lost $ 1 billion and Meta $ 1 billion.
This huge loss is a large signal for the technology sector and it has caused concern among investors.
In addition, Alfabet and Meta's shareholders dropped by more than 5 percent yesterday, Microsoft and Amazon lost at least 2 percent.
Extensive sales pressure in the technology sector has increased further, causing Nasdak to reach the lowest of six months. Many technology companies are dependent on foreign parts and production and new tariffs can increase the cost of these companies. This situation has also increased the suspicion of recession in the United States.
Semiconductor manufacturers have also suffered this loss. Because, new tariffs are being imposed on this sector. Last week, President Donald Trump announced the Taiwan semiconducting $ 1 billion in manufacturing and became known as the world's most powerful company, so he was trying to increase the country's internal production.
Last week, the share price of the Veneck Semiconductor ETF dropped by 5 percent and it has dropped more than 5 percent since Trump swear. The ETF's shareholder fell by about 5 percent on Monday. Marvel Technology has lost 5 percent shareholder, ASML Holding and Micron Technology each share price has dropped by more than 5 percent and broadcom's shareholder has dropped below 5 percent.
References: CNBC
