ASML Holding (ASML) extended losses after the company trimmed its guidance, sounding the alarm of weakness in the sector and fueling a semiconductor stock sell-off. Chipmakers lost more than $420 billion in market value, with names like Nvidia (NVDA), Advanced Micro Devices (AMD), and Applied Materials (AMAT) tumbling. Morning Brief Hosts Seana Smith and Brad Smith look at the chip sell-off and examine whether it signals serious troubles for the artificial intelligence (AI) trade or is an opportunity for investors to buy on the dip.

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This post was written by Naomi Buchanan.