• Tekedia Capital LLC flagged a sharp, broad selloff in semiconductor stocks as hotter-than-expected US inflation revived concerns that Federal Reserve rate cuts could be delayed.
• Qualcomm sank 13% in its worst session since 2020; Intel slid 8%, underscoring rising sensitivity of AI-linked valuations to higher-for-longer rates.
• SOXX dropped 5% as investors reassessed stretched expectations tied to AI-driven hardware demand, shifting focus from AI “training” to “inference” growth assumptions.
• Rising oil prices tied to Iran conflict were cited as compounding inflation risks, raising uncertainty for chipmakers reliant on heavy capital spending, energy-intensive production, and stable supply chains.
• Memory and storage names also retreated, with Micron down 6% and SanDisk off 8%, highlighting risk that high-bandwidth memory shortages and price increases could squeeze broader tech demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tekedia Capital LLC published the original content used to generate this news brief on May 13, 2026, and is solely responsible for the information contained therein.