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via finance.yahoo.comMarkets

Chip stocks fall as AI-trade rebound fizzles

FROM THE WIRE · FINANCE.YAHOO.COM

Chip stocks fell on Tuesday after rebounding from a recent sell-off as sentiment around the AI trade remained shaky. The PHLX Semiconductor Index (^SOX), which climbed more than 1.5% on Monday, was poised to open lower. AI chip giants Nvidia (NVDA) and AMD (AMD) declined nearly…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe semiconductor sell-off weighs on the SOX index and AI leaders amid shaky sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The PHLX Semiconductor Index was set to open lower after rising over 1.5% Monday.
  2. 02Nvidia and AMD declined nearly 1% and 2%, respectively.
  3. 03Intel fell over 2% after a JPMorgan upgrade to Buy.
  4. 04Concerns rose after a disappointing debut by Clice, Inc. and CoreWeave weakness.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock216.99 USD-0.05%today -0.05%Negative Advanced Micro Devices, Inc.AMDStock541.86 USD+0.71%today +0.71%Negative Intel Corp.INTCStock91.73 USD-0.33%today -0.33%Negative CoreWeave, Inc. Class A Common StockCRWVStock60.94 USD-0.29%today -0.29%Negative Taiwan Semiconductor Manufacturing Company LimitedTSMStock426.61 USD+1.52%today +1.52%Negative PHLX Semiconductor IndexINDEX:SOXIndex11,451.20+1.19%today +1.19%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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