Last week, AI bellwethers including Nvidia, AMD and Intel came under renewed selling pressure, while semiconductor stocks such as Micron, Broadcom and Marvell remained well below their recent highs, as investors questioned whether the industry’s trillion-dollar infrastructure buildout could generate sustainable returns.

Chip stocks declined as AI spending concerns, SK Hynix's sharp fall and profit booking hit Nvidia, AMD, Micron and other semiconductor shares.

Last week, AI bellwethers including Nvidia, AMD and Intel came under renewed selling pressure, while semiconductor stocks such as Micron, Broadcom and Marvell remained well below…