The AI Bubble Bursts: Wall Street's AI Stocks Take a Tumble The artificial intelligence (AI) sector, once a darling of investors, is now facing a reckoning.
As interest rates have risen and yields climbed, investors have become increasingly cautious about pouring money into the most expensive stocks on the market.
The technology sector has been hit particularly hard, with Micron Technology leading the charge lower after dropping 7% in a single day.