A huge number of Wall Street’s technology stocks have already fallen into bear market territory after losing massive amounts from their record highs. Coinbase (NASDAQ: COIN) has fallen 69% from its all-time high.

Nvidia stock continued its weeklong slide on Friday, pulling the Philadelphia semiconductor index lower.

Nvidia (NVDA), Meta Platforms (META), and Palantir (PLTR), have seen sharp declines recently, a scenario Wedbush Securities has likened to the “Twilight Zone,” given that it has occurred again and again.

Share prices in big AI players such as Nvidia and Micron Technology dropped on Tuesday as investors grow wary about whether massive AI spending will pay off.

Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.

Tech stocks have slipped in recent days.

Markets tumbled around the world Tuesday as renewed doubts about sky-high valuations appeared to take hold of investors in some of the largest AI, chip and memory stocks. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.

There's a slew of tech stocks to buy heading into the second half, according to Bank of America. The firm says stocks like Nvidia are top ideas that offer plenty of upside potential. Other stocks screened by CNBC Pro and rated buy at Bank of America include: Meta,

Cathie Wood, chief of Ark Investment Management, likes to double down on her favorite tech stocks, especially when the prices are falling. That’s what she just did, buying a megacap tech stock amid a broader market sell-off.

Retail investors ranked technology as the most overvalued of the 11 stock market sectors

Tech stock traders can be an impatient bunch. But lately, they’ve grown seriously ticked off about the high price they’ve paid to get into the AI game without the profit boost they were expecting.