Chips wobble, Nasdaq stumbles

Nasdaq slid 1% and the S&P500 dipped a touch too, and today it's all about chips. Nvidia's circular-trading controversy reignited doubts about AI spending, Samsung and SK hynix cratered in premarket trade, and that jitters dragged the whole Nasdaq down with it. Staples and materials held the line enough to soften the S&P's drop, but as for me, I'm not holding anything today, just watching from the sidelines.