Nvidia and Chip Stocks Slide as Hotter Inflation and AI Debt Fears Deepen Sell-Off

Nvidia and global semiconductor stocks fell sharply, with Nvidia dropping over 2.5% on Thursday to extend its five-session loss to about 8%. The decline follows a broader rout that wiped out more than $1 trillion in market value across 20 major AI and chip companies in a week. Sentiment deteriorated after U.S. September headline inflation climbed to 3.7% and wholesale PPI surged 1.3% month-over-month, pushing Treasury yields above 5%. Anxiety intensified further amid soaring debt yields for AI cloud providers like CoreWeave and slowing revenue growth at AI startup Anthropic.