flash-tech
A global selloff in semiconductor stocks deepened Tuesday, as fresh signs of China’s progress in advanced chipmaking and mounting concerns over the artificial intelligence spending boom sparked another wave of selling across the sector.
Japanese and South Korean stocks slid, led by semiconductor shares, as concerns over Nvidia Corp.’s blockbuster AI supply deal and intensifying competition from Chinese chipmakers weighed on investor sentiment.
For all of the fear created by the news that artificial intelligence models recently escaped their systems and decided to hack a rival, it’s worth knowing they did a relatively poor job of hiding themselves. They were downright loud in fact.
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Deloitte review of annual reports shows a tripling in the number of companies forced to revise calculations
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SK Hynix and Samsung shares slide and trading halt triggered by fall in South Korea’s Kospi
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
A selloff in global semiconductor stocks deepened on Tuesday, as investor sentiment continued to worsen over the sustainability of the artificial intelligence boom.
Japanese and South Korean stocks slid, led by semiconductor shares, as concerns over Nvidia Corp.’s blockbuster AI supply deal and intensifying competition from Chinese chipmakers weighed on investor sentiment.
automated-news
SK Hynix and Samsung shares slide and trading halt triggered on South Korea’s Kospi
BlackRock Inc. wrapped up a $12.5 billion bond sale tied to a Meta Platforms Inc. data center project in Texas after a nearly week-long marketing process and a selloff in big tech debt.