Veytics Intelligence
2026-09-14 · Yahoo

Tech pulls back on AI concerns, cybersecurity takes a step up

Yahoo Finance Senior Markets Reporter Ines Ferre and DA Davidson Head of Technology Research Gil Luria break down the tech stock (XLK) pullback following calls to slow AI development, while highlighting the renewed strength in the cybersecurity sector. Video Transcript 00:00 Speaker A what we mean by tech stocks though is really the semiconductor space because if you take a look at the semi space, really the picks and shovels of the AI trade, the one that's been the forerunner in this whole infrastructure buildout. They're getting slammed right now. You're looking at Nvidia that's down 4%. You've got AMD, Broadcom, all of those lower, Micron, the high flyer lower as well, Sandisk.

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