Inflation Fears Trigger AI Chip Sell Off
The AI sector faced a significant downturn as rising US inflation concerns triggered a sharp decline in related equities. This sell-off intensified with major storage and chip manufacturers like Micron and Seagate experiencing further losses.
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AI-linked stocks fall 8% as US inflation fears rise
Global markets saw sharp declines in AI-linked shares on October 14–15, 2026, after US inflation hit 3.7% in September—its highest in three years since a 4.2% peak in May. The sell-off triggered…
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Micron, Seagate, Western Digital sink as chip sell-off deepens
Chip stocks fell on Tuesday, extending a sell-off sparked by worries over artificial intelligence financing and intensifying competition. Micron slipped about 5%, SanDisk fell 5%, while Seagate and…
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