Hedge funds dumped chip stocks for a fourth week as AI shares sold off

Hedge funds have continued to dump chip stocks for a fourth consecutive week. This trend occurs as shares linked to AI experience a significant sell-off. The financial institutions are reducing their exposure to the semiconductor sector during this period of market volatility. These reports from Reuters highlight a consistent pattern of divestment by hedge funds targeting chip-related assets as the broader AI market faces downward pressure and investors shift their positions accordingly.