WS #16384
Wall Street futures are dipping following a broad tech selloff, with telecoms and chip stocks sliding. Micron is pivoting from 4F2 to 3D DRAM, differentiating its strategy from rivals Samsung and SK Hynix, while Nvidia CEO Huang faces criticism over European AI regulation. The rout suggests investors are reassessing the sustainability of AI capex spending, pressuring semiconductor and tech infrastructure names.
Tech Sector Rout
Wall Street futures are dipping following a broad tech selloff, with telecoms and chip stocks sliding. Micron is pivoting from 4F2 to 3D DRAM, differentiating its strategy from rivals Samsung and SK Hynix, while Nvidia CEO Huang faces criticism over European AI regulation. The rout suggests investors are reassessing the sustainability of AI capex spending, pressuring semiconductor and tech infrastructure names.