(Bloomberg) -- A selloff in chipmakers gathered pace on Friday, driving the group that has led this year’s stock rally toward a bear market on worries that the artificial-intelligence spending spree is becoming harder to justify.

(Bloomberg) -- A selloff in chipmakers weighed on stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations while higher oil…

(Bloomberg) -- A selloff in chipmakers dragged down stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations, with a resurgence…

As July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-taking alongside worries regarding the…