---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000820212.md"
description: "U.S. stocks slipped as a deepening chipmaker rout spurred by the plunge in Korean semiconductor stocks and AI spending doubts outweighed gains from lower oil prices and treasury yields. Brent crude fell 3.5% to $85 amid an extended U.S.-Iran pause and Hormuz talks; 10-year yields eased to 4.61% ahead of a Fed meeting widely expected to hold rates. Big Tech and consumer earnings loom, with focus on AI capex. S&P 2026 EPS estimates have risen +25% YoY to $346 (21.4x P/E). I remain cautious on $Tesla(TSLA.US) due to declining forward earnings estimates, the likely commoditization of unsupervised autonomy technology, and a seemingly excessive valuation."
datetime: "2026-07-28T11:04:50.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000820212.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000820212.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000820212.md)
author: "[Gary Black Tracker](https://longbridge.com/en/profiles/17077344.md)"
generator: "portal-rs"
---

# U.S. stocks slipped as a deepening chipmaker rout …


### Related Stocks

- [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**