Skip to content

Nvidia (NVDA), AMD and Micron Stocks Slide as Chip Selloff Deepens on Hot Inflation Data and AI Financing Fears

Nvidia (NVDA), AMD and Micron Stocks Slide as Chip Selloff Deepens on Hot Inflation Data and AI Financing Fears

Nvidia, AMD and Micron all closed sharply lower on Wednesday and extended their losses in early trading on Thursday, as a hotter-than-expected inflation report collided with growing unease over how the AI building boom is being paid for. Wall Street’s biggest artificial intelligence names took another beating this week, and the pain spread quickly from … Read more