The AI industry is experiencing its fastest quarter ever, but AI stocks are going through the worst month since 2022. The Nasdaq officially entered correction yesterday, dropping over 10% from its October high. U.S. stocks have declined for five consecutive weeks, the longest since 2022. Yesterday alone, the Nasdaq fell 2.38%, and the tech sector dropped 2.74%. Meta declined 10% in one week. Storage chip stocks collectively plummeted. The S&P also experienced significant declines.

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