The AI and chip related stocks continued their runs to the downside sending the Nasdaq down by -1.47%. The NASDAQ 100 fell by -1.61%. A snapshot of the closing levels shows:Dow industrial average fell -106.01 points or -0.20% to 52558.27S&P index fell -38.63 points or -0.51% to 7533.76Nasdaq index fell -387.28 points or -1.47% to 25881.95Russell 2000 fell -1.69 points or -0.06% to 2974.56Looking at some of the chip/AI infrastructure related stocks, they continued there slide. Below is a sampling of the declines for the trading day (all fell by -5.0% or more)'s:Nebius (NBIS) fell -$27.74 or -13.90% to $171.77.Sandisk (SNDK) fell -$203.92 or -12.63% to $1,411.08.Astera Labs (ALAB) fell -$30.88 or -8.81% to $319.74.Marvell Technology (MRVL) fell -$17.96 or -8.71% to $188.30.Credo Technology (CRDO) fell -$18.50 or -8.16% to $208.24.Coherent (COHR) fell -$22.42 or -7.49% to $276.96.Lumentum Holdings (LITE) fell -$45.77 or -6.09% to $706.23.Intel (INTC) fell -$5.93 or -5.76% to $97.06.Micron Technology (MU) fell -$51.08 or -5.65% to $853.20.Arm Holdings (ARM) fell -$15.00 or -5.41% to $262.01.Advanced Micro Devices (AMD) fell -$28.20 or -5.33% to $500.94.Broadcom (AVGO) fell -$19.83 or -5.03% to $374.45.Despite today's steep declines of more than 5%, these AI and semiconductor leaders remain standout performers in 2026. Every stock on the list except Broadcom, which is still up 8.19% year-to-date, has posted substantial gains, led by SanDisk's remarkable 494.44% surge. Those gains underscore the sector's powerful momentum, but they also highlight the elevated risk after such outsized advances. As today's selloff demonstrated, high-flying stocks can fall quickly once sentiment shifts. While year-to-date returns remain impressive, the declines from their recent highs are already significant—and serve as a reminder that even the strongest performers can have plenty of room to correct further if selling pressure persists. Nebius +105.15% (-43% from the high) SanDisk +494.44% (down -40.49% from the high)Astera Labs, +90.33% (-36.7% from the highMarvell +121.57% (-43.49% from the high)Credo Technology, +44.50% (-34% from the high)Lumentum Holdings, + 91.6% (-35.9% from the high)Intel (INTC), +162.98% (-32.49% from the high)Micron Technology, +137.43% (-33.5% from the high)Arm Holdings (ARM), +137.43% (-44.1% from the high)Advanced Micro Devices (AMD), +198.94% (-15.13% from the high)Broadcom (AVGO),, +8.19% (-24.2% from the high)The gains for the year, make the Magnificent 7 look like more like trash. Apple +22.59%Alphabet, +13.25%Nvidia, +11.21%Amazon, 0.27%Matt, +0.67%Tesla, -13.04%Microsoft, -17.06%After the close Netflix reported EPS of $0.80 versus $0.79 expected on revenues of $12.6 billion versus $4.58 billion expected. Shares are down $5.85 or -7.87% and $68.50. That's the lowest level going back to October 2024. This article was written by Greg Michalowski at investinglive.com.