Hesai Group is trading at $13.24, down 6.10%, amid a broad chip and AI-stock selloff. - Semiconductor shares are under pressure from concerns about AI infrastructure spending and higher borrowing costs. - Hotter-than-expected September U.S. inflation revived concerns about further Federal Reserve rate hikes, adding pressure to technology stocks. - Hesai announced its Kosmo spatial-intelligence product on October 14; available coverage does not link the launch to the share decline.