US AI Stocks Tumble; Cadence Falls Over 7.6%

News Editor

2026-09-02 01:00:09

U.S. stocks closed lower on Tuesday, with the Dow down 0.79% and the Nasdaq falling 1.03%. AI-related stocks saw broad declines, led by Cadence dropping 7.6%, CrowdStrike 6.9%, and Dell 6.8%. The VIX volatility index surged 9.52%. MSX, a leading RWA trading platform, also reported the declines in tokenized U.S. equity assets.

According to data from MSX.COM, U.S. stocks ended the session lower on Tuesday. The Dow Jones Industrial Average fell 0.79%, the S&P 500 dropped 0.71%, and the Nasdaq Composite declined 1.03%. The CBOE Volatility Index (VIX) rose 9.52%, indicating heightened market anxiety.

AI-concept stocks were broadly weaker. Cadence Design Systems shed 7.6%, CrowdStrike Holdings lost 6.9%, Dell Technologies dropped 6.8%, Astera Labs fell 5.75%, and Synopsys declined 5.63%.

MSX, a major real-world asset (RWA) trading platform that has listed hundreds of RWA tokens representing popular U.S. stocks and ETFs—including NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD—reflected the declines in its tokenized equity products.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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