Chipmakers and other high-flying stocks slide as AI trade wobbles | live
July 17 (Reuters) - A rotation out of the biggest winners of the recent rally gathered momentum this week, sending chip stocks toward their steepest weekly decline in more than a year and sparking fresh concerns about the sustainability of the AI-driven surge. The jitters in semiconductor stocks were felt from Seoul to Europe as investors pulled back from AI-exposed stocks that had powered portfolio returns through much of this year.
July 17 (Reuters) - A rotation out of the biggest winners of the recent rally gathered momentum this week, sending chip stocks toward their steepest weekly decline in more than a year and sparking fresh concerns about the sustainability of the AI-driven surge. The jitters in semiconductor stocks were felt from Seoul to Europe as investors pulled back from AI-exposed stocks that had powered portfolio returns through much of this year.
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