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Chip Stocks Fall As Inflation Fears Trigger Profit-Taking

May 15, 2026
Source: benzinga.com benzinga.com
News Snapshot:
The broader chip sector also came under pressure after a hotter-than-expected Consumer Price Index inflation reading sent the PHLX Semiconductor Index down more than 3%.Inflation Fears Weigh On High-Growth AI StocksU.S. stock futures moved lower as persistent inflation concerns and geopolitical uncertainty following the Trump-Xi summit pressured richly valued technology and semiconductor names tied to artificial intelligence.The sell-off came after months of outsized gains fueled by surging enthusiasm around AI infrastructure, hyperscale data center expansion and next-generation chip demand.US-China AI Chip Restrictions Stay In FocusOngoing U.S.-China tensions surrounding advanced AI chip exports continued to weigh on NVIDIA and other semiconductor...
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