Business · Markets · 2 hrs ago

Dow rises as investors sell AI and semiconductor stocks

Dow rises as investors sell AI and semiconductor stocks

US stocks moved in different directions on Oct.

12, with the Dow rising for a third day.

Investors bought consumer and financial shares ahead of earnings results from major companies.

The results cover July through September 2026.

Semiconductor and other artificial intelligence-related shares came under selling pressure.

Building the infrastructure needed for AI requires funding, and investors are watching uncertainty over how that money will be raised.

This concern may limit investment in AI infrastructure.

Goldman Sachs and JPMorgan Chase were due to report results on Oct.

13.

Sources

Related news