Wall Street slipped on Friday as another sharp selloff in artificial intelligence (AI)-linked stocks outweighed gains across much of the broader market, putting the benchmark S&P 500 on course for only its second weekly decline in the last 13 weeks.

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as…

Shares of chipmakers plunged in value worldwide on Tuesday.