US chip stocks fall: Nvidia drops 2%, AMD 4% as inflation and AI debt worries deepen sell-off
US chip stocks fell on Thursday as concerns over inflation and rising debt costs increased. Investors worried that higher inflation could lead to expensive borrowing, especially for companies spending heavily on artificial intelligence (AI) infrastructure. The concerns deepened the ongoing sell-off in chip stocks. Chip stocks fall as AI debt concerns and competition weigh on … Read more