Chip stocks Nvidia (NVDA), Taiwan Semiconductor Manufacturing (TSM), and ASML (ASML) have all soared this year thanks to investor bets on the artificial intelligence boom. On Wednesday, their momentum came to a screeching halt.

The three stocks slid for reasons ranging from investor concern over export restrictions to a broader rotation out of tech stocks.

Nvidia, ASML, and TSMC stocks got hammered here's why comes via ChinaTechNews.com.