Business

Tech Sector Struggles Amid Economic Concerns

Updated 2026-05-12 17:05 UTC 1 source Negative

Intel’s stock and the broader chip sector are experiencing a downturn due to market concerns about future spending commitments. Additionally, inflation has eroded U.S. wage gains since 2016.

Coverage timeline — 2 articles

MarketWatch

Why Intel’s stock is falling and guiding the chip sector toward its worst day of the year

Analysts note “buyer exhaustion” and market concerns about what the latest inflation data may mean for future data-center spending commitments.

2026-05-12 16:47 UTC

MarketWatch

America’s day of fiscal reckoning draws closer

Inflation just wiped out all the U.S. wage gains since Donald Trump was elected president.

2026-05-12 16:47 UTC