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'Brutal session' for chip stocks shows AI trade is turning | Reuters

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Dell and chip stocks plunge on AI infrastructure spending concerns

Dell shares fell 11% leading a broader selloff in data center equipment stocks as investors grew concerned about the timing and returns of massive AI infrastructure investments amid rising interest rates.

Oct 13, 2026·4 sourcesAI compute & environmental impactStock market volatilityCompute, chips & AI infrastructureAI Data Center Gold Rush
Dell and chip stocks plunge on AI infrastructure spending concerns
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Other sources for this story

Bloomberg

Chip Stocks Slide as SOX Index Set to Wipe Out $1 Trillion in Value

CNBC

Dell stock plunges 11%, leading data center sell-off as fears mount about 'enterprise AI timing'

The New York Times

Chip Stocks Tumble on A.I. Spending Fears and Rising Chinese Competition