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.
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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.
IREN shares were down 5.30% at $28.94 at publication. The article cites concerns about AI infrastructure spending, credit risk and rising rate-hike expectations; Gartner’s warning did not name IREN specifically.