No new catalyst emerged as SKHY remained down about 5.9%, following the earlier selloff. Intel's weak outlook and cash-burn warning, alongside Amazon's aggressive AI spending plan, drove a broad semiconductor and tech retreat source; Intel, AMD, Nvidia, Micron, TSMC, Broadcom, and ASML all fell intraday. The Nasdaq dropped sharply and volatility rose as investors reduced AI-infrastructure exposure.
No new catalyst emerged as SKHY remained down about 5.9%, following the earlier selloff. Intel's weak outlook and cash-burn warning, alongside Amazon's aggressive AI spending plan, drove a broad semiconductor and tech retreat source; Intel, AMD, Nvidia, Micron, TSMC, Broadcom, and ASML all fell intraday. The Nasdaq dropped sharply and volatility rose as investors reduced AI-infrastructure exposure.