Wall Street ends mixed as tech megacap declines outweigh upbeat chip outlook (opens original article in a new tab)

Wall Street ended mixed with the Nasdaq declining due to tech sector losses, while the Dow rose slightly and the S&P remained near flat.

• Nasdaq closed lower due to Big Tech losses despite upbeat AI demand signals
• Tech shares declined as investors worried about hyperscaler spending on AI and Fed policies
• Micron and Sandisk shares surged after beating earnings estimates