Chip stocks suffer worst stretch in 16 months as AI fatigue grips the market
Summary
Market enthusiasm for artificial intelligence is cooling as investors grow impatient with massive technology expenditures. This shifting sentiment has pushed chip stocks toward their poorest performance period in over a year. Meanwhile, Wall Street is eagerly awaiting the upcoming investor day hosted by Anthropic.
Anticipation is building for Anthropic’s investor day, as Wall Street grows less patient with heavy AI spending.
Source: Read the full story at MarketWatch.com - Top Stories
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