US stock exchanges: Nasdaq slips on tech balance sheets – Intel shares lose 30 percent

Dusseldorf. The quarterly figures from the big tech companies are causing a broad sell-off on the US stock exchanges on Friday. After trading, the losses, especially at Amazon, had already become apparent on Thursday. All major US indices are falling significantly. The technology-heavy Nasdaq 100 in particular lost at the start of trading.

The Dow Jones of standard values ​​is hardly moving and is at 52,204 points.

The more broadly diversified S&P 500 lost around one percent and was trading at 7,628 points.

The Nasdaq technology exchange is down a good 2.5 percent at 25,522 points.

The Nasdaq 100, which tracks the 100 largest non-financial companies with the highest market capitalization, lost around three percent to 28,537 points.

With losses of up to eight percent, Amazon shares join the ranks of big tech losers on the stock exchanges. During trading, however, the Amazon papers limit losses to around two percent. Chip stocks, network suppliers and other companies that have previously benefited from the AI ​​boom are also continuing to lose value.

Above all, Intel: The computer and chip manufacturer's papers collapsed by 30 percent after weak prospects. The forecast from Thursday evening massively fell short of the market's expectations. The high prices for memory chips are depressing sales of PCs, an important line of business for Intel. The group does not expect any improvement until at least mid-2027.

The massive losses are dragging the entire industry down. HP and AMD lose more than nine percent. Qualcomm shares are down seven percent.