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INTC, AMD, MU, NVDA: Chip Stocks Tumble Again, Stalling A Nascent Rebound
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Chip stocks including Intel (INTC), AMD, Micron (MU), and Nvidia (NVDA) tumbled again, stalling a nascent rebound.
A rotation into Big Tech contributed to the selloff in the semiconductor sector.
Fears that low-cost Chinese AI models could reduce demand for cloud services and chips pressured the sector.
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Rajeev Chandrasekhar / Jupiter Capital interests historically