A selloff in chipmakers sent stocks lower, with the market also falling as inflation angst and rising government debt kept bond yields elevated. John Mowrey, CIO at NFJ Investment Group, discusses AI capex spending and equities reaching all-time highs.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-18/chip-stocks-get-hit-as-global-bond-anxiety-builds-video)