On Tuesday, U.S. stocks showed mixed performance, with the Nasdaq Composite Index dropping 0.53%. Most leading tech stocks weakened, with NVIDIA (NVDA.US) and Micron Technology (MU.US) declining over 3%, while Meta Platforms (META.US) and Tesla (TSLA.US) fell more than 1%. Apple (AAPL.US), however, rose over 1%.

The market movement followed news that SoftBank sold its entire stake in NVIDIA, generating $5.8 billion from the transaction. Recent pressure on AI-related trades has intensified amid growing valuation concerns.