Semiconductor Selloff Deepens As AI Spending Fears Hit Intel

Semiconductor stocks plunged, erasing $1.3 trillion in market value, as Wall Street grew concerned about slowing AI spending growth, putting pressure on Intel, Micron, and AMD amid rising interest rate fears.

Semiconductor Selloff Deepens As AI Spending Fears Hit Intel By Peter Cohan, Senior ContributorSource: Forbes Innovation https://www.forbes.com/innovation/ Semiconductor stocks slide as Wall Street questions AI capex growth, erasing $1.3 trillion and putting Intel, Micron and AMD under pressure amid rising rate fears. Semiconductor stocks slide as Wall Street questions AI capex growth, erasing $1.3 trillion and putting Intel, Micron and AMD under pressure amid rising rate fears. Get AI news in your inbox Daily digest of what matters in AI.