Chipmakers Slip as AI Rally Faces New Challenges
Published on: July 8, 2026, 1:31 a.m. | Source: Devdiscourse
The S&P 500 closed lower, impacted by losses in chipmakers like Micron Technology due to increasing skepticism about Wall Street's AI-driven surge. Reports of China's DeepSeek developing its AI chips added to market jitters. Major indexes, including the Nasdaq and Dow, also fell amidst these concerns.
