Software and Chip Stocks Fall as AI and Rate Fears Hit Markets

Software and semiconductor stocks fell together on Friday as concerns about artificial intelligence and interest rates weighed on markets.

The move brought two sectors that have often traded separately this year down at the same time.

Software companies make programs and services, while semiconductor companies make chips.

The shared drop shows that AI and interest-rate fears affected both groups in the market session.

These concerns can influence how investors view the prospects of technology companies.

No further market moves or next steps were specified.