📰 ET Markets 🔴 BEARISH 🕒 16 Oct 2026, 11:29 PM IST

Chip selloff deepens Wall Street losses as doubts grew over AI returns

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Chip selloff deepens Wall Street losses as doubts grew over AI returns

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Market & Financial Impact: A significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 100 dropped by 1.8%, continuing its longest losing streak since 2008. Market participants are questioning if AI infrastructure investments will yield profitable returns despite strong demand for chips. Federal Reserve Chairman Kevin Warsh maintained a neutral stance on interest rates during discussions at the IMF meetings.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

CoreWeave sank 9.5%, extending a rout driven by concerns that investment in AI infrastructure had outpaced companies’ ability to generate sufficient returns.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Chip selloff deepens Wall Street losses as doubts grew over AI returns

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