Global Chip Stocks Sink As AI Debt Fears Intensifies, Is The AI Boom Losing Steam?

By NDTV Profit

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US technology stocks suffered their steepest decline in three months, wiping out around $850 billion in market value as hotter-than-expected inflation data reignited concerns over further interest rate hikes by the Federal Reserve. High-growth technology and artificial intelligence stocks bore the brunt of the sell-off as investors reassessed valuations and the outlook for borrowing costs. #ai #stockmarket #stockselloff #stocks #ndtvprofit For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtvprofit Instagram: https://www.instagram.com/ndtvprofit/ Facebook: https://www.facebook.com/NDTVProfit/ $MetaTags$1#TV Original2#Big Question3#Vik

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