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semiconductor stocks was on track for its worst weekly performance since last year's "liberation day" rout, according to market data, as the artificial intelligence trade went into reverse and technology shares fell broadly across Wall Street.
Chip stocks at the center of the selloff The semiconductor index's weekly trajectory put it among the hardest-hit pockets of U.S.
Last year's "liberation day" episode, driven by sweeping tariff announcements, had delivered sharp losses to chip stocks over a compressed stretch. This week's decline was being measured against it.
AI-linked technology names absorbed much of the selling. The artificial intelligence trade had drawn steady capital inflows into semiconductor makers and related technology shares over prior sessions.
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