Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China&#x27;s chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk&#x27;s company, as investors start to avoid riskier tech firms. And, Apple briefly becomes just the second company ever to achieve a $5 trillion market valuation.<br>See omnystudio.com/listener for privacy information.

AI Trade Stumbles as Chip Stocks Slide

Bloomberg Tech

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[SPEAKER_16] Bloomberg Audio Studios. Podcasts, radio, news. Bloomberg Tech is live from the heart of Silicon Valley with Ed Ludlow in San Francisco.

[SPEAKER_14] This is Bloomberg Tech. Coming up, a sell-off in chip stocks drags the NASDAQ 100 near correction territory after signs of progress in China's chip making add to worries about the sustainability of the AI spending boom.

AI Trade Stumbles as Chip Stocks Slide

Read the full transcript

The candid version is on a podcast,
not the earnings call.

AI Trade Stumbles as Chip Stocks Slide

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.