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Chip selloff deepens Wall Street losses as doubts grew over AI returns

viaeconomictimes.indiatimes.com16 Oct
Chip selloff deepens Wall Street losses as doubts grew over AI returns
A significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 100 dropped by 1.8%, continuing its longest losing streak since 2008. Market participants are questioning if AI infrastructure investments will yield profitable…

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