India, Oct. 15 -- US chip stocks fell on Thursday as concerns over inflation and rising debt costs increased. Investors worried that higher inflation could lead to expensive borrowing, especially for companies spending heavily on artificial intelligence (AI) infrastructure. The concerns deepened the ongoing sell-off in chip stocks.

Nvidia shares fell 2%, while Advanced Micro Devices (AMD) dropped 4%. The decline in both companies extended the wider sell-off in semiconductor stocks across global markets.

Sandisk shares tumbled 6% on Thursday after falling 5% in the previous session. Sandisk makes flash memory products and has been the S&P 500's top-performing stock in 2026. The latest fall added to its losses from the previous trading se...