Global Stocks Fall as Chip Selloff Fuels AI Spending Concerns
Global stocks fell sharply Thursday, with semiconductor shares selling off after weak Qualcomm earnings and concerns that a Democrat-controlled US Congress could slow AI infrastructure investment.
By Chibuike OguhGlobal stocks fell sharply on Thursday, weighed down by a deep selloff in semiconductor shares after weak earnings from Qualcomm and concerns that a Democrat-controlled US Congress could slow investment in artificial intelligence infrastructure.Wall Street's main indexes tumbled, wi…