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via wsj.comMarkets

U.S. Stocks Slide as AI Rally Hits a Wall

FROM THE WIRE · WSJ.COM

Stocks plunged as disappointment in two major chip designers' earnings and postelection fears about curbed data-center development caused a rout in artificial-intelligence companies.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA rout in AI companies, driven by chip earnings disappointment, can move the broader tech market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Stocks plunged as disappointment in two major chip designers' earnings weighed on sentiment.
  2. 02Postelection fears about curbed data-center development added pressure.
  3. 03The disappointment caused a rout in artificial-intelligence companies.

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