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Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloff
Global artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding artificial intelligence spending optimism. The Philadelphia Semiconductor Index fell significantly, entering bear market territory after a strong year. Momentum investing also showed signs of fatigue, with several technology stocks declining. Upcoming earnings reports will provide further indications of artificial intelligence spending plans.
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economictimes.indiatimes.com
Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalers
AI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slow sharply after this year. Fund managers…
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swissinfo.ch
Chip Stocks Poised for Bear Market in AI Unwind: Markets Wrap
(Bloomberg) -- A selloff in chipmakers gathered pace on Friday, driving the group that has led this year’s stock rally toward a bear market on worries that the…
