No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

US Tech Stocks Poised to Slide as Global Chip Selloff Deepens

Tuesday, July 28, 2026


US technology stocks declined following losses in global semiconductor shares. The selloff occurred amid concerns about artificial intelligence spending levels and increased competition from Chinese chipmakers.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-28/us-tech-stocks-poised-to-slide-as-global-chip-selloff-deepens

Next story

Iran hosts Hormuz calls with Saudi Arabia, Oman as Trump hails ‘good talks’