{"id":890906,"date":"2026-10-22T15:42:09","date_gmt":"2026-10-22T15:42:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/890906\/"},"modified":"2026-10-22T15:42:09","modified_gmt":"2026-10-22T15:42:09","slug":"meta-and-chip-stocks-decline-as-ai-trade-comes-under-pressure-alphacheck","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/890906\/","title":{"rendered":"Meta and chip stocks decline as AI trade comes under pressure: AlphaCheck"},"content":{"rendered":"\n

Good morning. Stocks declined on Thursday<\/a> as semiconductor names fell, with the AI trade unwinding following quarterly results from Meta (META<\/a>) and Tesla (TSLA<\/a>). <\/p>\n

Shares of the EV maker recovered early trading losses while Meta sank 6%. <\/p>\n

The Tech\u00a0(XLK<\/a>) sector fell, led by chipmakers like Nvidia (NVDA<\/a>) and AMD (AMD<\/a>). Memory makers Micron (MU<\/a>) and SK Hynix (SKHY<\/a>) also dropped as the chip sector reversed gains from Wednesday. <\/p>\n

Shares of the wafer equipment maker Lam Research (LRCX<\/a>) fell as much as 10%<\/a> after management pointed to “supply chain constraints,” heading into 2027. <\/p>\n

Here’s a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data<\/a>. <\/p>\n

\"Sectors<\/a> Sectors on Thursday, Oct 22. <\/p>\n

Brent crude oil futures (BZ=F<\/a>) jumped to a five-month high at $112<\/a> per barrel while WTI (CL=F<\/a>) traded near $100 after a report of possible US and Israel attacks on Iran after the November midterm elections. <\/p>\n

Here are some other notable stocks that Yahoo Finance readers are viewing this morning:\u00a0IBM (IBM<\/a>), Lockheed Martin (LMT<\/a>), and Procter & Gamble (PG<\/a>). <\/p>\n

Click here for the latest stock market news and in-depth analysis, including events that move stocks<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"Good morning. Stocks declined on Thursday as semiconductor names fell, with the AI trade unwinding following quarterly results…\n","protected":false},"author":2,"featured_media":890907,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[5097,28,122,101,939,2993,2994,32455,2995,932,112,32456,20112,147,9323,1170,1666,6480,2996,2997,923,19533,3733,32457],"class_list":["post-890906","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-markets","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/890906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=890906"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/890906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/890907"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=890906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=890906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=890906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}