Notable tech headlines for the week: CoreWeave, TSMC, Anthropic in focus

What happened: Technology stocks fell this week, with chipmakers and AI infrastructure providers leading losses as investors questioned returns on heavy AI investments. Why it matters: TSMC's outlook signaled resilient AI chip demand, while BofA expects Microsoft to be the only major hyperscaler in its group not to enter negative free cash flow over the next 12 months. BofA also said the memory-stock sell-off may be overdone relative to fundamentals. Market: +0.4% today ($343.46), +27.0% YTD, 1.3x vol — as of 23:45 UTC

Technology stocks fell this week, with chipmakers and AI infrastructure providers leading losses as investors questioned returns on heavy AI investments.

TSMC's outlook signaled resilient AI chip demand, while BofA expects Microsoft to be the only major hyperscaler in its group not to enter negative free cash flow over the next 12 months. BofA also said the memory-stock sell-off may be overdone relative to fundamentals. Market: +0.4% today ($343.46), +27.0% YTD, 1.3x vol — as of 23:45 UTC