US stock indexes ended the week lower as the selloff in chipmakers extended into an eighth consecutive session, marking the sector’s longest losing streak since the 2008 financial crisis, driven by hotter-than-expected U.S. inflation data and persistent volatility in the AI sector. CoreWeave CRWV shares plunged , deepening weekly losses amid renewed credit concerns in the AI infrastructure sector, driven by modest Anthropic revenue figures, higher interest-rate worries and persistent inflationary pressures. US core inflation remained elevated in September, matching the previous month’s pace and exceeding market expectations as rising energy prices added to persistent price pressures.
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