WS #12929
Semiconductor and AI-related stocks continue to decline as investors question sustainability of AI infrastructure spending, with Micron, Intel, and Astera Labs falling. Apple briefly surpassed $5 trillion market cap, becoming the second company after Nvidia, driven by Upgrade leasing program and AI strategy.
Tech selloff continues on AI capex concerns
Semiconductor and AI-related stocks continue to decline as investors question sustainability of AI infrastructure spending, with Micron, Intel, and Astera Labs falling.
Apple briefly surpassed $5 trillion market cap, becoming the second company after Nvidia, driven by Upgrade leasing program and AI strategy.