Why Advanced Micro Devices, C3.ai, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Slumped on Tuesday

It's clear that a couple of forces have been propelling the markets higher over the past year or so. Recent developments in the field of artificial intelligence (AI) helped kick-start a bull market last year, as the technology promises to unleash a tidal wave of productivity increases. Market watchers are also keen to know when the Federal Reserve might begin lowering interest rates and how quickly those rate cuts might progress.With that as a backdrop, several AI-related stocks were sinking Tuesday. As of ...