US stock market crash: Chip stocks extend sell-off, AMD, Arm, Qualcomm and Sandisk plunge up to 17%; Nasdaq down 6%
60-Word AI Digest
A sharp sell-off hit chipmakers as disappointing forecasts from Qualcomm and Arm compounded worries about potential restrictions on AI data centres. AMD, Sandisk and Micron also fell heavily, while the semiconductor index dropped 9.7%.
Key Takeaways
- A sharp sell-off hit chipmakers as disappointing forecasts from Qualcomm and Arm compounded worries about potential restrictions on AI data centres.
- AMD, Sandisk and Micron also fell heavily, while the semiconductor index dropped 9.7%.
- Full details and original dispatch available below.
A sharp sell-off hit chipmakers as disappointing forecasts from Qualcomm and Arm compounded worries about potential restrictions on AI data centres. AMD, Sandisk and Micron also fell heavily, while the semiconductor index dropped 9.7%.
Original Publisher Attribution
This summary was curated from Livemint.