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Developing story · 2 episodes · 13 Oct to 15 Oct

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.

  1. 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…

    1 source
  2. 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…

    2 sources
Who and what
MicronSeagateWestern DigitalSanDiskSK HynixSamsung ElectronicsKioxiaSoftBankOpenAITSMCVey-Sern LingPhillip Wool