Chip stocks slide after Broadcom CEO compares AI investing to gambling

Global chip stocks fell sharply after Broadcom's CEO compared AI investing to a casino. Samsung dropped 8.8%, SK Hynix 9.2%, and Micron 4% amid the sell-off.

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2026-10-13 05:05 · Techmeme
A global chip stock sell-off deepens after Broadcom's CEO likened AI investing to a casino, with Samsung down as much as 8.8%, SK Hynix 9.2%, and Micron 4% (Financial Times)

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