WS #12876
Semiconductor stocks (NVDA -5%, AMD -7%, MU -6%) fall on reports of China producing advanced chipmaking equipment and AI capex return concerns; ASML drops 8%. Apple surpasses Nvidia in market cap as Nvidia's stock slides on AI capex fears.
Semiconductor selloff on AI capex fears and China competition
Semiconductor stocks (NVDA -5%, AMD -7%, MU -6%) fall on reports of China producing advanced chipmaking equipment and AI capex return concerns; ASML drops 8%.
Apple surpasses Nvidia in market cap as Nvidia's stock slides on AI capex fears.