In this articleNVDAASMLGOOGLSPCXPresident Donald Trump attends the NATO summit on July 8, 2026 in Ankara, Turkey. (Burak Kara/Getty Images)President Donald Trump is normally a friend to stock markets but on Wednesday he was behind an unwelcome shock. His declaration that the cease-fire between the U.S. and Iran was “over” is fueling the rotation out of the artificial-intelligence trade but that doesn’t mean AI stocks are dead money yet.