WS #12668
Semiconductors under severe pressure: INTC -7.9%, MU -6.9%, AMD -3.2%; QCOM below 200-day MA; dark pool alert $840M SMH institutional order; bond market anxiety over AI capex budgets. Microchip Technology signs definitive agreement to acquire Hailo, an edge AI processor company; terms not disclosed, not expected to materially impact financials.
Semiconductor Selloff and AI Capex Anxiety
Semiconductors under severe pressure: INTC -7.9%, MU -6.9%, AMD -3.2%; QCOM below 200-day MA; dark pool alert $840M SMH institutional order; bond market anxiety over AI capex budgets.
Microchip Technology signs definitive agreement to acquire Hailo, an edge AI processor company; terms not disclosed, not expected to materially impact financials.