The Aporia
Ruberry, B. (2026, October 15). US stocks recover after multi-day tech selloff. Semafor. https://www.semafor.com/article/10/15/2026/us-stocks-recover-after-multi-day-tech-selloff
Ruberry, Brendan. “US stocks recover after multi-day tech selloff.” Semafor, 15 Oct. 2026, https://www.semafor.com/article/10/15/2026/us-stocks-recover-after-multi-day-tech-selloff.
Ruberry, Brendan. “US stocks recover after multi-day tech selloff.” Semafor, October 15, 2026. https://www.semafor.com/article/10/15/2026/us-stocks-recover-after-multi-day-tech-selloff.
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US stocks recovered on Thursday after several days of declines in tech shares, as investors sought safer assets amid concerns that high inflation and weak consumer demand could stall the rapid growth of artificial intelligence infrastructure. The recovery came despite new data showing that producer prices in September had risen at the fastest rate in four years, reinforcing expectations for higher interest rates from the Federal Reserve later this month. Despite these fears, Taiwanese semiconductor giant TSMC announced it was expanding its US operations at an "unprecedented pace" due to extremely robust demand for AI technology.
Bumper earnings from AI-exposed firms this week have failed to quell fears that higher rates could halt or slow the debt-fueled data center buildout that’s currently powering the US economy.