Global semiconductor stocks experienced a significant selloff, driven by concerns over inflated valuations for AI boom beneficiaries. Major Asian chipmakers, including Samsung Electronics and Taiwan Semiconductor Manufacturing Co., saw substantial declines. This pullback signals growing unease about the sector’s earnings potential and high stock prices amid persistent interest rate concerns.
Bitcoin hovers near $71,000 as crypto investors track macro and liquidity signals
Bitcoin hovered near $71,000 on Saturday as investors tracked macroeconomic cues and liquidity signals ahead of the upcoming US Federal Reserve policy decision. While Bitcoin