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Wall Street ends lower on semiconductor selloff, as AI spending concerns mount
Investors are bracing themselves for a more hawkish US Federal Reserve. Read more at straitstimes.com. Read more at straitstimes.com.
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forbes.com
U.S. Futures Slump Over Selloff In Tech And Chipmaker Stocks
Key U.S. tech stocks slumped in premarket trading after a massive selloff in AI and tech stocks in Asia.
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economictimes.indiatimes.com
US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloff
Wall Streets AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate sufficient returns. While hyperscalers such as…
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cryptobriefing.com
Technology stocks decline as chipmakers lead global selloff, erasing $1.3 trillion in value
US chipmakers lost $1.3 trillion in market value as the PHLX Semiconductor Index dropped 10.3%, its worst day since March 2020, dragging global markets
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channelnewsasia.com
Tech selloff drags global stocks lower
NEW YORK/LONDON, June 23 : Global stocks fell on Tuesday, dragged by a broad selloff in technology and semiconductor shares as investors kept taking profits on a long rally while…
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Nasdaq futures drop 2% as AI cost fears, Fed outlook weigh; SpaceX slips 5%
Wall Street futures plunged Tuesday, led by tech and chip stocks, as investors braced for potential U.S. interest rate hikes and fretted over soaring AI-related spending financed…
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Chip stocks plunge, but bargain-hunters stem losses in other tech names
June 23 : U.S. chip stocks stumbled on Tuesday, but the broader market's initial slump brought out bargain-hunting investors, stemming the falloff in other companies central to…
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US stocks fall at open on tech selloff as concerns about hawkish Fed, AI spending mount
Indian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as investors grew cautious about the Federal Reserve's potential hawkish stance.…
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US Stocks | AI chip slump extends on Wall St as SanDisk sinks 12%, Micron drops 9% and AMD falls 5%
Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as…
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news.bitcoin.com
Near 400-Point Nasdaq Drop Shows How the Semiconductor-Led Selloff Hit US Financial Markets
Wall Street fell as chip stocks slid, Fed signals stayed hawkish, bitcoin weakened and Iran talks advanced.
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Tech stocks tumble 2% as AI spending concerns mount
The Nasdaq fell over 2% as investors questioned $527 billion in projected AI spending. Nvidia, Alphabet, Intel, and AMD led the selloff after a nine-week
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US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week's low on Tuesday. Semiconductor stocks experienced significant…
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hindustantimes.com
US stock market closes lower: S&P 500 falls 1.3%, Nasdaq drops 2% as global chip sell-off hits tech stocks
US stocks closed lower as a global chip sell-off hit tech shares. The S&P 500 fell 1.3%, Nasdaq dropped 2%, while the Dow finished nearly flat.
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abcnews.com
Tech stocks are plummeting. Is AI to blame?
Shares of chipmakers plunged in value worldwide on Tuesday.
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rnz.co.nz
Wall Street is getting trampled by an AI sell-off. South Korean market plunges 10 percent
Volatility has returned to the stock market, and AI is once again the culprit.
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US chip stocks tumble after Asia's AI selloff raises bubble fears
US chip stocks plunge as Asia's AI selloff spreads globally. SK Hynix and Samsung drop 12%, Nasdaq futures slide 2.6% amid growing bubble fears.
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straitstimes.com
Wall Street ends lower on semiconductor selloff, as AI spending concerns mount
Investors are bracing themselves for a more hawkish US Federal Reserve. Read more at straitstimes.com. Read more at straitstimes.com.
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zerohedge.com
US stocks declined as AI concerns stoked tech sell-off - Newsquawk Daily Asia-Pac Market Open
Markets suffered another round of selling in semiconductor and memory stocks, with both the Semiconductor ETF and Memory ETF posting notable losses, while pressure also followed a…
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Nasdaq composite falls 2% as tech stocks sell off amid valuation concerns
Nasdaq dropped 2.21% on June 23 as semiconductor stocks plunged and Fed rate hike odds hit 85%. Bitcoin and Ether fell with tech in a correlated selloff.
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swissinfo.ch
Asian Stocks Set to Extend AI Chip-Fueled Selloff: Markets Wrap
(Bloomberg) -- Stocks in Asia looked poised to extend Tuesday’s losses after a bruising Wall Street tech-led selloff deepened concerns that the artificial intelligence-driven…