Chip Stocks and Data Center Plays Just Got Clobbered
Dow Jones08-19 04:20
The bond rout pushing up borrowing costs rippled through the AI supply chain Tuesday, leaving shares in companies ranging from chipmakers to contracting firms to independent power producers feeling the pain.
CoreWeave and Sandisk were among the hardest hit. Micron wasn't far behind. Caterpillar took a beating, as did Talen Energy, which fell 11%.
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