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Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields: Intel Drops 3%, NVIDIA and AMD Slip
Higher Treasury yields are pressuring AI-linked chip valuations, with Intel down 3% and AMD down 2% in early trading.
Summary by 24/7 Wall St.
4 Articles
4 Articles
Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields: Intel Drops 3%, NVIDIA and AMD Slip
A global bond selloff sent long-term yields surging to levels not seen in over a year, and the chips sector is bearing the brunt as traders reprice the market's most ambitious AI growth bets.
Why are Intel and AMD stocks falling today
Intel and AMD stocks fell on Tuesday as US equities started September on a weaker note, with semiconductor shares among those facing renewed pressure. The S&P 500 declined 0.4%, while the Nasdaq Composite fell 0.8%. The Dow Jones Industrial Average dropped 38 points, or 0.1%. AMD stock fell 2.4%, while Intel recovered most of its earlier losses and was down 0.45% at the time of writing. Intel’s decline appeared to reflect broader market weakness…
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Total News Sources4
Leaning Left1Leaning Right0Center1Last Updated50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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