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[HARDWARE]■ STORY TIMELINE

CHIP STOCKS RETREAT AS AI RALLY COOLS

Major semiconductor companies pulled back sharply on Tuesday, with Qualcomm dropping 11.46% and Intel falling 6.82% as the sector retreated from record highs fueled by artificial intelligence demand.

2 SOURCESFIRST SEEN MAY 12, 09:00 PM► READ THE ARTICLE
Techmeme+0m

Samantha Subin / CNBC: Qualcomm closed down 11.46% on Tuesday as chip stocks pull back from record AI-driven rally; Inte…

Bloomberg Tech+6d

Artificial intelligence chip startup Tenstorrent Inc. is drawing early takeover interest from prospective buyers at a mo…