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At close · Thu, Jul 16, 2026
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Home›US Markets›Sectors›Chip stocks hold up despite worries about Chinese AI d…

Chip stocks hold up despite worries about Chinese AI demand

The same market mix also lifted oil prices on Middle East tensions, according to WSJ Markets.

Reported · Written up by our desk · Sectors

WSJ Markets reports that chip stocks have largely shrugged off concerns tied to Chinese AI spending and demand.

Alongside the technology sector resilience, Middle East tensions were cited as a driver pushing oil prices higher.

The outlet also pointed to General Motors profits from sales of higher priced cars, adding another thread to the broader market picture.

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Sources

WSJ MarketsChip Stocks Shrug Off Chinese AI Worries

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