The Nasdaq composite is down more than 1% this morning. Here are the stocks on the index that are getting hit hard:
Chips, memory makers:
Sandisk, Micron, AMD, SK Hynix's ADRs, Intel, Western Digital, Seagate, Arm, Broadcom, Nvidia and Marvell are all deep in the red.
Hyperscalers and data-center plays:
-- Meta is down about 2%.
-- CoreWeave, Nebius and Astera Labs are sliding.
Space companies:
Although SpaceX is ticking up today after dipping below its IPO price yesterday, other space stocks are struggling: AST SpaceMobile and Rocket Lab are both selling off.