Why Oracle, Arm, and Other Artificial Intelligence (AI) and Semiconductor Stocks Tanked on Friday
Oracle(ORCL) The Motley Fool·2025-01-11 02:45
The advent of AI has sent the semiconductor industry into overdrive over the past year. Volatility is part of the price of admission. The market ended the week on a somber note as the economy once again took center stage. Investors were digesting a surprisingly robust jobs report that highlighted the Federal Reserve's ongoing battle with inflation, the potential for future interest rate cuts, and what it means for the overall economy. To add insult to injury, a decision by the Biden administration regarding ...