ABCNEWS - What to know about the AI chip stock selloff
Shares of artificial intelligence chipmakers continued to slide on Friday.
Shares of artificial intelligence chipmakers continued to slide on Friday.
‘very little’
The A.I. boom has propelled the South Korean tech giant’s earnings, but its shares sank as investors had even loftier expectations.
State of the Union: Worries over an AI bubble and rate hikes helped to drive down tech stocks. The post Technology Stocks Face Uncertainty Following Previous Day Sell-Off appeared first on The American Conservative .
The NASDAQ composite index ended Tuesday down 2.2 percent, a dive driven by falling tech stocks. AI and chip stocks spearheaded the decline, with key companies like Tesla (TSLA ), and Nvidia (NVDA ) down 5.82 and 3.91 percent respectively over the past five days. One key driver of the decline was fear ahead of earnings reports from Micron Technology, a key chipmaker, after market close on Wednesday. Micron fell 13 percent on the day, alongside the South Korean chipmakers Samsung Electronics and SK Hynix, which fell 12 percent over the same period. These declines come as major AI companies, OpenAI and Anthropic, plan to offer shares on the public markets, raising questions about their long-term profitability. Corporate…Open
Investors are bracing for rough trading after stocks in Asia and Europe were clobbered on Tuesday. A.I. companies like SpaceX are getting hit hard.
Silicon Valley and corporate America are increasingly turning to cheaper, open-source artificial intelligence models built in China.
Aired On: 6/18/2026
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The Trump administration has announced that it will appeal an Obama-appointed federal judge's ruling striking down the new $100,000 fee on H-1B visas.
The Trump administration is challenging a federal judge’s decision to strike down a $100,000 fee on H-1B visa applications, hindering the President’s push to incentivize companies to hire American workers. PULSE POINTS WHAT HAPPENED: The Trump administration has announced that it will appeal a federal judge’s ruling striking down the new $100,000 fee on H-1B visas. DETAIL: On Monday Judge Leo Sorokin, appointed by Barack Obama, ruled that the new $100,000 fee on H-1B visas functioned as a tax and therefore required authorization from Congress. As Congress had not voted to impose the fee, Sorokin argued that the fee hike exceeded the President’s constitutional authority. On Thursday, the Trump administration declared that it…Open