INTC, AMD, AVGO: Chip Stocks Lead Slide As Tech Gets Hammered Amid Renewed U.S.-Iran Tensions

Chip stocks led a broader technology selloff in Monday’s premarket as renewed U.S.-Iran tensions sent oil prices higher and revived concerns about inflation and interest rates.Intel (INTC) fell 3.4%, Advanced Micro Devices (AMD) dropped 2.4%, while Nvidia (NVDA) declined 1%. Broadcom (AVGO) was als…