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Chipmakers head for big profit gains, but will it be enough? - The Economic Times
Chipmaker shares are experiencing significant price swings on Wall Street this month. Investors anticipate these companies will drive much of the S&P 500's profit growth. Recent earnings reports have shown strong results but market reactions have been mixed. Concerns about artificial intelligence demand sustainability are fueling investor reassessment of the sector. Leveraged exchange-traded funds are also contributing to the increased market volatility.
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economictimes.indiatimes.com
Chipmakers and other high-flying stocks slide as AI trade wobbles
As July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-taking alongside worries regarding the…
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swissinfo.ch
Chipmakers Bounce After Plunge to Bear-Market Edge: Markets Wrap
(Bloomberg) -- Wild swings lashed chipmakers once again, with the high-profile group of shares wiping out an earlier plunge to the brink of a bear market as dip buyers emerged.
