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Global Tech Rout Deepens on AI Worries; Nasdaq 100 Futures Drop

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Global stocks fell to a one-month low as investors dumped chipmakers amid concerns over Chinese competition, AI funding sustainability, and potential U.S.
  • interest rate hikes.
  • Asian chipmakers saw record declines, while Nasdaq 100 futures dropped sharply in premarket trading.
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