WS #16056
The semiconductor and AI supply chain is experiencing a severe correction, with the sector ETF recording its longest losing streak since 2006. Major names like Super Micro Computer, Palantir, and CrowdStrike fell between 7% and 10%, reflecting a broader deleveraging of high-multiple tech assets. This selloff is exacerbated by financing concerns at key infrastructure player CoreWeave and a market consensus that rate hikes may have gone too far, pressuring growth valuations.
Semiconductor and AI Selloff
The semiconductor and AI supply chain is experiencing a severe correction, with the sector ETF recording its longest losing streak since 2006. Major names like Super Micro Computer, Palantir, and CrowdStrike fell between 7% and 10%, reflecting a broader deleveraging of high-multiple tech assets. This selloff is exacerbated by financing concerns at key infrastructure player CoreWeave and a market consensus that rate hikes may have gone too far, pressuring growth valuations.