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Why Intel, Arm, Broadcom, and Other Artificial Intelligence (AI) Stocks Fell Today
IntelIntel(US:INTC) The Motley Foolยท2024-08-26 22:25

AI stocks lost momentum Monday as key geopolitical risk factors were put in the spotlight.Artificial intelligence (AI) stocks slid Monday due to geopolitical risk factors. Intel's (INTC -2.00%), Broadcom's (AVGO -4.05%), and Arm's (ARM -4.96%) share prices ended the daily session down 2%, 4.1%, and 5%, respectively, according to data from S&P Global Market Intelligence. Meanwhile, Nvidia ended the day down 2.3%, and Micron fell 3.8%.Semiconductor investors were hit with bearish news on multiple geopolitical ...