MarketPulse

semiconductor selloff

3 articles
Investing.comInvesting.com··Jeffrey Neal Johnson

Google's TurboQuant Sparks Chip Selloff as Analysts Dismiss Market Overreaction

Google's data-compression tech triggered semiconductor selloff based on misconception that efficiency reduces hardware demand. Analysts argue efficiency gains historically drive larger AI models requiring more powerful chips.
MUGOOGGOOGLWDCAMAThigh-bandwidth memorydata center infrastructure
BenzingaBenzinga··Piero Cingari

Brent Surges Past $107 as Iran Rejects Ceasefire; Equities and Gold Fall

U.S. stocks fell as Iran rejected ceasefire talks, sending Brent crude above $107. S&P 500 declined 0.7%, Nasdaq 100 fell 1%, with energy surging and tech struggling.
SNDKGOOGGOOGLXLESMH+4market volatilitygeopolitical tensions
BenzingaBenzinga··Evette Mitkov

Memory Chip Stocks Tumble as Geopolitical Tensions Trigger Broad Tech Selloff

SanDisk and Micron Technology plunged 8.35% and 7.7% respectively Tuesday as Middle East tensions and surging oil prices triggered a broad tech selloff, erasing AI-driven gains.
SNDKMUoil pricestech sector