Nasdaq Sinks on Continued AI Concerns

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1 • 670 Ratings

🗓️ 4 February 2026

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Chip stocks, including AMD, saw a broad selloff. Plus: Eli Lilly shares jump on the strength of its GLP-1 drugs. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:36.5	I'm Catherine Sullivan for the Wall Street Journal.
0:39.3	U.S. stocks finished with mixed results today as tech shares faced heavy pressure. The NASDAQ
0:44.6	fell 1.5% as chip stocks saw a broad sell-off. Investors worried about how artificial intelligence
0:51.2	advancements might disrupt traditional software business models.
0:55.0	The Dow rose half a percent on gains from blue chip companies, while the S&P 500 was down a half a percent.
1:01.8	Among individual companies, advanced microdevices shares tumbled 17 percent.
1:06.9	The chipmaker reported strong sales, failed to satisfy investors focused on AI.
1:12.3	This marked the biggest pullback for the stock since 2017.
1:16.9	Eli Lilly stock jumped 10% today.
1:19.8	The drug maker reported a quarterly profit of more than $6.5 billion, driven by high demand for its weight loss drugs.
1:27.4	Texas Instruments shares slipped 1% after
1:30.6	announcing a new acquisition. The company agreed to buy a wireless technology company Silicon Labs
1:36.4	in a $7.5 billion deal. Silicon Lab stock searched nearly 49% on the news. An N-phase energy stock soared nearly 39% following its latest
1:47.9	financial results. The solar company reported profit and revenue that beat Wall Street estimates.
	...

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