Nvidia, Micron, AMD lead tech sell-off as AI trade cools - Yahoo Finance

As the artificial intelligence (AI) boom begins to cool, technology stocks have experienced a notable pullback, led by major players such as NVIDIA, Micron Technology, and AMD. Investors have shifted ... Read original →

The AI chip selloff reveals fragility across the tech stack: upstream 3nm EUV capacity faces overbuild risks, while downstream data center capex may sharply contract. Persistent Fed hawkishness elevates financing costs, and tightening U.S. export controls on advanced computing inflate compliance burdens for American firms. AMD could accelerate MI300X deployments to seize NVIDIA’s stumble, while Intel may lock in cloud providers with Gaudi 3 long-term deals. Over the next 12–24 months, only players with full-stack optimization and geopolitical neutrality will survive a brutal shakeout. Memory makers in Taiwan, China and Korea risk price wars unless they pivot to automotive or edge AI. Infrastructure investment is shifting from hype-driven expansion to efficiency-first discipline—the valuation reckoning has just begun.