Dow Jones Top Markets Headlines at 1 PM ET: Dow Rallies While Chip Stocks Slide | U.S. ...

US Stocks Fall as Chip Slump Fuels Rotation Trade: Markets Wrap

Semiconductor stocks plummet 4.2%, ASML loses 11% week as Chinese rival emerges, sparking market rotation toward defensive sectors. AI spending uncertainty signals broader capex slowdown—tech managers should monitor chip vendor exposure and reassess infrastructure investments.