According to CoinMeta, U.S. stocks faced significant selling pressure on Thursday, with tech stocks being the hardest hit. During the session, the Dow Jones Industrial Average, the S&P 500 Index, and the Nasdaq Composite Index all saw their largest declines of 2.38%, 3.57%, and 5.35% respectively. The Philadelphia Semiconductor Index's decline even reached 11.6%, and the AI hardware industry chain experienced concentrated selling.