Chip stocks drop 20% amid AI concerns
The semiconductor stock sector has declined by 20% from its peak amid rising concerns over the AI boom, leading the market into a bearish phase. The sector experienced its worst performance since April 2025, amid a decline in the Nasdaq 100 index and rising oil prices due to ongoing geopolitical tensions between the United States and Iran. Fears of an oversupply of production capacity have increased, and investors are becoming skeptical about the sustainability of growth, as markets remain volatile and enthusiasm wanes in light of economic and geopolitical concerns.
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