Chip and AI stocks are under pressure today due to weak signals from the sector and hotter-than-expected economic data. On top of that, traders ...

(Bloomberg) -- A selloff in high-flying chipmakers weighed on stocks, with Broadcom Inc.’s underwhelming outlook testing the artificial-intelligence trade that has powered the…

Asian equities went into reverse Friday on continued worries about the AI trade after disappointing forecasts from chip titan Broadcom, while investors were also keeping a wary…