Chip Rout Deepens as Rate Fears Collide With AI Funding Woes

Chips fall because money costs more and the AI bills are due. The trillion-dollar future turns out to need financing like a used Corolla.

A rout in global technology hardware stocks extended Thursday, as Asian chipmakers followed US peers lower on worries over Federal Reserve interest rate hikes and AI funding difficulties.

Read it at Bloomberg Markets ↗

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