Us Stocks Ai Chip Slump Extends On Wall St As Sandisk Sinks 12 Micron Drops 9 And Amd Falls 5

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as investors re-evaluated high valuations amid escalating AI spending. This correction, also affecting broader tech, signals growing caution about the speed of returns from massive AI investments, prompting some to secure profits.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Crude falls, retail prices don’t. Will it be different this time?

NSE IPO: Will Chauhan’s homecoming end in fireworks this Diwali?

What will the NSE IPO price be? Unlisted market deals offer clues.

How new securities law changes the definition of depositories

Melting mountains: Can India defuse 189 looming flood risks in Himalayas?

Wafers to war: Vinay Dube on how Iran crisis is hitting Akasa

15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

What Adani’s US indictment means for India Inc’s overseas fundraising

Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

Why a falling rupee is a better option for the economy

A list of top 20 momentum stocks that have delivered massive returns in one year

Get daily trade ideas from SEBI-registered research analysts.

Grow your wealth with stock ideas & sectoral trends.

All-in-one stock research with Stock Score, peer comparison & key signals.

Get to know where the market bulls are investing to identify the right stocks.

Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.

Analyze the market sentiments & identify the trend reversal for strategic decisions.

Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.

Read the PDF version of ET newspaper. Download & access it offline anytime.

Read your daily newspaper in Digital View & get it delivered to your inbox everyday.

Manage your money efficiently with this weekly money management guide.

Read the PDF version of TOI newspaper. Download & access it offline anytime.

Explore the In-depth explanation of complex topics for everyday life decisions.

Get fitter with daily health insights committed to your well-being.

Manage your wealth better with in-depth insights & updates on finance.

Stay globally informed with exclusive story from New York Times.

Stream new documentaries from all across the world every day.