CNBC·3 min read·medium
Nasdaq futures fall 2% as global chip sell-off continues: Live updates - CNBC
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Chloe Taylor, Justina Lee, Fred Imbert
✦AI Summary
Stock markets experienced a weekly decline as semiconductor stocks fell due to increased competition from Chinese AI models and investor fatigue. Rising oil prices also impacted the market amid escalating tensions in the U.S.-Iran conflict.
Stocks fell again on Friday, with Wall Street posting a weekly decline, as traders weighed the latest moves in semiconductor names along with recent quarterly reports.
businesstechnologyeconomyworld
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