Focus on the BIG picture.
Tuesday, Aug 12, 2025
Outside the box.
Markets Slip as Semiconductor Sector Faces New Revenue-Sharing Demands
Dow falls 0.4% as chip firms pressured; TKO Group shares rise on UFC rights deal
U.S. stock indices closed lower on August 11, with the Dow Jones Industrial Average down 0.4 percent, the S&P 500 off 0.09 percent, and the Nasdaq sliding 0.06 percent.
Semiconductor stocks were under pressure after the federal government imposed a revenue-sharing requirement on AI chip exports to China.
Intel’s CEO is scheduled to visit the White House, while sports-entertainment company TKO Group saw its shares climb after securing a $7.7 billion rights deal for the UFC.
Semiconductor stocks were under pressure after the federal government imposed a revenue-sharing requirement on AI chip exports to China.
Intel’s CEO is scheduled to visit the White House, while sports-entertainment company TKO Group saw its shares climb after securing a $7.7 billion rights deal for the UFC.
