---
title: "Tech stocks plunge as Nasdaq falls over 1% in US opening; deep losses in Asia due to A.I. spending concerns and China’s chip industry."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294091839.md"
description: "The Nasdaq Composite index dropped more than 1% upon the opening of markets in the United States, mirroring significant losses seen in Asian markets earlier in the day."
datetime: "2026-07-28T15:55:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294091839.md)
  - [en](https://longbridge.com/en/news/294091839.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294091839.md)
---

# Tech stocks plunge as Nasdaq falls over 1% in US opening; deep losses in Asia due to A.I. spending concerns and China’s chip industry.

The Nasdaq Composite index dropped more than 1% upon the opening of markets in the United States, mirroring significant losses seen in Asian markets earlier in the day.

### Related Stocks

- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md)
- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md)
- [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md)
- [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md)
- [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md)
- [QLD.US](https://longbridge.com/en/quote/QLD.US.md)
- [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md)
- [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md)
- [QID.US](https://longbridge.com/en/quote/QID.US.md)

## Related News & Research

- [Nexalin Appeals Nasdaq Delisting Following Compliance Shortfalls](https://longbridge.com/en/news/293980637.md)
- [LIVE MARKETS-How bond vigilantism can hit stocks](https://longbridge.com/en/news/294511421.md)
- [Wealth Watch Advisors INC Purchases 2,385 Shares of Invesco QQQ $QQQ](https://longbridge.com/en/news/293917246.md)
- [Invesco QQQ $QQQ Shares Acquired by McIlrath & Eck LLC](https://longbridge.com/en/news/294493538.md)
- [BREAKINGVIEWS-There’s no escape from the AI whipsaw](https://longbridge.com/en/news/294541366.md)