AI infrastructure stocks slide as chip trade sell-off deepens
What's new: The drop widened beyond chipmakers, hitting broader AI-linked names as investors reassessed demand and valuations.
AI infrastructure stocks fell sharply Wednesday, extending a broader sell-off across the chip trade and other companies tied to the artificial-intelligence buildout. The retreat spread beyond semiconductor names to more of the hardware and data-center ecosystem, adding to pressure already seen earlier in the week. Investors appeared to be pulling back on concerns about rich valuations and the pace of AI-related spending, even as the sector has been one of the market's biggest winners. The move underscored how quickly sentiment can turn in one of Wall Street's most crowded trades.