AI Chip Sell-Off
US stocks wobble as investors dump AI chip names and worry about valuations.
2 left5 center3 right
Updated Jul 28, 6:22pm ETEvery side, every morning
A free recap of the day’s biggest stories and how each side covered them.
The reporting
Chip stocks sold off globally Tuesday, pushing the Nasdaq-100 into correction territory at one point with a drop of at least 10% from its most recent record high. South Korea’s Kospi plunged nearly 11% to a three-month low as SK Hynix and Samsung Electronics each fell more than 10%. In the U.S., semiconductor weakness left the Nasdaq Composite down 0.2%, while the S&P 500 rose 0.2% and the Dow Jones Industrial Average gained 1%. Investors cut exposure to AI-linked stocks amid questions over data-center borrowing, AI spending and Chinese competition.
Analysis & opinion
The commentary is scattered.
weigh in — but each argues its own distinct claim, so no shared angle emerged. The other report the story straight.
Also today
All of today's stories →- 1Siberia Plague Lab Worker DiesBalancedBalanced74articles
- 2Balanced51articles
- 3Balanced40articles
- 4Karoline Leavitt Joins FoxBalancedBalanced29articles
- 5Cornell Building VandalizedBalancedBalanced28articles
- 6Caleb Flynn Gets Life SentenceBalancedBalanced24articles