AI fatigue is gripping the market and driving chip stocks toward their worst stretch in 16 months. Investors are questioning what could snap the semiconductor sector out of its prolonged doldrums. Chip stocks have not suffered a losing streak like this in almost a year and a half. Wall Street is growing increasingly impatient with heavy AI spending, and anticipation for Anthropic’s investor day remains subdued. Jefferies analyst Jeffrey Favuzza reports that he has been receiving numerous questions from clients about the causes of this weakness across the AI sector.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
