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Chip stocks slide into bear market in AI unwind: Markets wrap
A surprise breakthrough from Chinese AI startup Moonshot jolted the sector, which also joined broader equity losses on geopolitical tensions. The Nasdaq 100 lost 1.5%. Oil jumped as the US and Iran traded attacks again.
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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…
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Chip Stocks Hit by AI Spending Worries After Rally: Markets Wrap
(Bloomberg) -- A selloff in chipmakers dragged down stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations, with a resurgence…
