Intel, AMD, and Taiwan Semiconductor shares dropped sharply Wednesday after Bank of America flagged growing bubble risk in the AI trade. Intel fell 7%, AMD slid 5%, and Taiwan Semiconductor declined 6% as the warning prompted a broad semiconductor selloff. Bank of America stopped short of declaring a full bubble but urged investors toward greater valuation discipline after an extended rally. Despite the pullback, sustained AI infrastructure demand continues to support the long-term investment case across the semiconductor supply chain.
Taiwan Semiconductor Manufacturing Co. Ltd.
Taiwan Semiconductor Co Ltd
Intel Corporation
Advanced Micro Devices Inc
NVIDIA Corporation