Chip stocks fell 2.5% for a seventh straight day, and the selling started in Asia before it hit the US. Neil Wilson of Saxo points to AI buildout worries, bubbly valuations and Chinese competition. Th

What happened: Chipmaker stocks sold off sharply Thursday, with a semiconductor index falling 2.5% for a seventh straight day, as worries about AI buildout costs, Chinese competition, inflation and rates pushed investors into other sectors and government bonds. Key numbers: Chip index Why it matters: Saxo's Neil Wilson cited AI buildout worries, bubbly valuations, weak earnings growth at frontier labs, Chinese competition and rates. TSMC CEO C.C. Wei flagged rising component prices and macroeconomic uncertainty. Gartner forecast over 80% of neocloud providers will cease operations by 2030. Coverage: 4 outlets in 24h

AI stock enthusiasm wobbles, deepening global chipmaker sell-off.

AI stock enthusiasm wobbles, deepening global chipmaker sell-off. — impact context not separately stored; see What changed.