Chip Stocks Tumble on AI Safety Fears & Rising Yields

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Investment Management Deputy CIO, Solutions & Multi-Asset Jitania Kandhari, McKinsey & Co. Senior Partner & Global Leader, Tech & AI Kate Smaje, Teva Pharmaceuticals President & CEO Richard Francis, BetMGM CEO Adam Greenblatt, Texas Capital Bancshares CEO, Chairman, & President Rob Holmes, BlackRock US Head of Equity ETFs Jay Jacobs, The Distributed AI Research Institute Founder & Executive Director Timnit Gebru, Cloudfare CEO & Co-Founder Matthew Prince, Institute for Advanced Study, Harold F. Linder Professor Alondra Nelson, Thornburg Head of Fixed Income Christian Hoffmann, Starmoire CEO & Co-Founder Katie Palencsar & Starmoire Stylist Stacy London, & Authentic Brands CEO Matt Maddox. (Source: Bloomberg)