What's behind the massive selloff in tech stocks?

Shares in several major technology companies plunged Monday morning amid a wider sell-off in the market. 

Nvidia saw the biggest drop out of the Magnificent Seven tech stocks, opening 14.2 percent down compared to market close on Friday. Tesla opened 10.9 percent down, while Apple slid 9.6 percent, and Amazon fell 8.2 percent at the start of trading. 

Meta, the parent company of Facebook and Instagram, opened 7.6 percent down, while Google parent Alphabet dipped 6.8 percent.