US Indices Decline as AI Stocks Drop Sharply, Astera Labs Falls 11.52%

US markets close lower with Nasdaq down 1.16% and VIX up 3.6%. AI sector leads losses, with Astera Labs plunging 11.52% and Ambarella dropping 9.92%.

Woofun AI data shows that US equity markets closed in negative territory, with the Dow Jones Industrial Average declining 0.25%, the S&P 500 dropping 0.45%, and the Nasdaq Composite falling 1.16%. The VIX Volatility Index rose 3.6% during the session.

AI-related equities experienced broad-based declines. Astera Labs led the losses with a 11.52% drop, followed by Ambarella down 9.92%, Teradyne down 9.59%, AeroVironment down 8.09%, and Cognex down 7.61%. The data originates from MSX, an RWA trading platform listing tokenized assets such as NVDA and GOOGL.