Economic Times•9 Jul 2026
Us Stocks Ai Chip Slump Extends On Wall St As Sandisk Sinks 12 Micron Drops 9 And Amd Falls 5Wall 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