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Abandon chip?

Abandon chip?

Published 2 months ago
Description

A dramatic selloff in chip stocks has Wall Street asking whether the AI boom is hitting a wall. With rising bets on Fed rate hikes despite Chair Kevin Warsh ditching forward guidance, investors are bracing for more volatility.

Today’s recommended read: Fed's bubble blind spot is cause for anxiety, Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Read more from Amanda Cooper and Anna Szymanski

Produced by Eliza Davis Beard and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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