Chip stock weakness raises worries about AI rally-strength, leveraged trades | live
By Johann M Cherian and Saqib Iqbal Ahmed July 17 (Reuters) - A selloff of the biggest winners of the recent stock-market rally, such as high-flying chip stocks, is sparking fresh concerns about the sustainability of the AI-driven surge and whether investors have overextended themselves. Jitters in semiconductor stocks were felt from Seoul to Europe as investors pulled back from AI-exposed stocks and so-called momentum names that had powered portfolio returns through much of this year.
By Johann M Cherian and Saqib Iqbal Ahmed July 17 (Reuters) - A selloff of the biggest winners of the recent stock-market rally, such as high-flying chip stocks, is sparking fresh concerns about the sustainability of the AI-driven surge and whether investors have overextended themselves. Jitters in semiconductor stocks were felt from Seoul to Europe as investors pulled back from AI-exposed stocks and so-called momentum names that had powered portfolio returns through much of this year.
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