Chip Stocks Extend Losses Amid AI Financing Concerns
Semiconductor and memory chip stocks extended their losing streak Thursday. Nvidia fell over 2% and AMD dropped 4%; Saxo said financing pressure could affect the supply chain.
Semiconductor and memory chip stocks extended their losing streak on Thursday as concerns over mounting debt and rising financing costs for artificial intelligence (AI) infrastructure projects continued to weigh on the sector.Nvidia (NVDA) fell over 2%, Advanced Micro Devices (AMD) dropped 4%, whil…