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Chip Stocks Hold Selloff
A selloff for heavyweight chip producers pressured US equity indices on Tuesday.The Nasdaq 100 slid 3% and the S&P 500 dropped 1%.AI infrastructure companies, including semiconductor and memory chip producers, tanked on increasing skepticism that AI spending by hyperscalers will not meet returns.On…
A selloff for heavyweight chip producers pressured US equity indices on Tuesday.The Nasdaq 100 slid 3% and the S&P 500 dropped 1%.AI infrastructure companies, including semiconductor and memory chip producers, tanked on increasing skepticism that AI spending by hyperscalers will not meet returns.On…
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