Chip sector drops $1.3 trillion amid rate fears: Bubble or healthy correction?

Short summary

AI and chip stocks shed $1.3 trillion Friday, marking the semiconductor sector's worst day since 2020 after hot jobs data sparked interest-rate concerns and Broadcom warned on outlook. Finance experts sharply disagree: some see a bubble finally cracking, others view it as profit-taking after euphoric gains. The answer will shape the broader tech investment landscape.

• •$1.3T wiped from AI/chip sector in worst single day since 2020
• •Root causes: inflation fears from jobs report + Broadcom's weak guidance
• •Expert consensus split: bubble burst vs. healthy profit-taking correction

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