Shares of semiconductor and chip-related companies are trading lower after AI executives signaled that the industry's growth may need to be slowed. The industry is also facing pressure as oil prices spike in reaction to the escalating conflict in the Middle East which can lead to inflation, tighter lending and reduced demand.

Axcelis Technologies (ACLS) Declines More Than Market: Some Information for Investors

Axcelis Technologies (ACLS) declined 3.03% to $115.56, underperforming the S&P 500's 0.48% loss. The stock has fallen 11.96% over the past month. Analysts expect upcoming earnings of $1.11 per share (down 8.26% YoY) with revenue of $230.05 million (up 7.7% YoY). Full-year estimates project earnings of $4.12 per share (down 15.57% YoY) and revenue of $883.6 million (up 5.31% YoY). ACLS holds a Zacks Rank of #3 (Hold) with a Forward P/E of 28.92, trading at a slight discount to its industry average.

Anthropic's AI Warning Is 'Noise' in a 'Secular Bull Market:' Bank of America Says

BofA calls AI slowdown fears “noise,” arguing competition could drive AI spending beyond $3 trillion and lift eight battered chip stocks.

Shares of semiconductor and chip companies are trading higher amid a broader market rally as oil prices retreat, bond yields stabilize and U.S. CPI data confirms investor expectations that the Fed will hike rates at its September meeting.

Here's Why You Should Retain Accenture Stock in Your Portfolio Now

Accenture (ACN) is capitalizing on rising enterprise AI adoption with advanced AI bookings nearly doubling year-over-year and strong cash generation of $3.6B in Q3. The company plans $9B in acquisition spending for fiscal 2026 to expand AI and cybersecurity capabilities. However, risks include macro uncertainties affecting discretionary spending and execution challenges from accelerated acquisition activity.

Can AEHR's Diversification Strengthen Its Growth Outlook?

Aehr Test Systems has dramatically diversified its revenue streams, with AI processors and silicon photonics now driving nearly 95% of fiscal 2026 revenues, compared to over 95% EV-related SiC exposure two years prior. The company secured a $22 million follow-on order for AI processor systems in August and maintains a $100.6 million backlog with a $130-$150 million fiscal 2027 revenue outlook, though it faces intense competition from larger rivals Teradyne and FormFactor in the semiconductor test equipment market.

Corning, Cellectis, Biodexa Pharmaceuticals And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

U.S. stock futures fell, with Nasdaq 100 futures down 500 points. Corning dropped 8% after a $2B offering; several other stocks also slid premarket.