Artificial Intelligence (AI) Stocks Today: Why Nvidia, Micron, and TSMC Are Sinking

Several artificial intelligence (AI) chip stocks are seeing broad sell-offs in Monday's trading. Nvidia (NVDA -2.68%), Taiwan Semiconductor Manufacturing (TSM -3.67%), and Micron (MU -4.59%) are among the big names participating in the pullback and were down 2.4%, 3.4%, and 4.8%, respectively, as of 12:45 p.m. ET.Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to limit the export of advanced chips used for AI. Nvidia, Micron, and TSMC oc ...