The Nasdaq plunged 3.5% Monday afternoon. If it goes on to finish in the red, it would be its sixth-straight down day — the longest losing streak since a nine-day declne in late October and early November 2016, just before President Donald Trump’s election as president. Apple’s (AAPL) stock fell 5%. Apple generates 17% of its revenue from China. Many leading chip stocks that also have a major presence in China, such as Intel (INTC), AMD (AMD), Qualcomm (QCOM), Nvidia (NVDA) and Broadcom (AVGO), were all significantly lower as well. Trade tension with China is having an outsized impact on the the tech sector, and the latest tariffs Trump threatened would hit tech particularly hard. But trade is not the only reason why several

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