51 Days
Source:
Los Angeles Times
AI chip boom slows amid China rivals
A sustained selloff in semiconductor stocks continues amid rising concerns about high valuations, increased Chinese chip production, and doubts over the sustainability of AI investment spending. Major indexes, including the Nasdaq 100 and Philadelphia Semiconductor Index, have declined, with chipmakers like Intel, AMD, and South Korea’s Samsung suffering significant losses. Investors remain cautious ahead of upcoming earnings reports, amid fears that rising competition and interconnected AI investments could intensify market risks.
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