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Wall Street's chip index enters bear market! Is the AI bubble finally going bust?
Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questions over the sustainability of the AI-driven rally. A new AI model from China's Moonshot and concerns over heavy AI spending triggered a broad selloff across global technology stocks.
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cryptobriefing.com
AI chip selloff erases over $1 trillion as custom silicon threatens Nvidia's dominance
AI chip stocks lost over $1 trillion in market value in July 2026 as custom silicon from OpenAI, Amazon, and Cerebras challenges Nvidia's GPU dominance.
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swissinfo.ch
Chip Stocks Hit by AI Spending Worry as Oil Climbs: Markets Wrap
(Bloomberg) -- A selloff in chipmakers weighed on stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations while higher oil…
