AI & Semiconductor Stocks Plummet as U.S.-China Tensions Intensify
Introduction On May 30, U.S. equities markets were rattled by a fresh escalation in U.S.-China trade tensions. Headlines about potential Chinese tech sanctions and blunt comments from former President Trump spurred a wave of selling that bore down most heavily on AI & Semiconductor Stocks. The Philadelphia Semiconductor Index plunged more than 2%, and heavyweights … Read more