US stock markets slide but the selling is localized around chip names

What we know so far

investingLive (Nov 14, 01:33): The S&P 500 is down 0.6% today and the Nasdaq down 1.0% but it's not as bad as it looks -- so long as you don't own chip stocks and some AI-related names.Most stocks in the S&P 500 are higher today with 274 up and 197 down. Similarly, the index is solidly higher on the week. The pain is on…