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Chip firms fall in US and Asia as AI jitters rattle investors
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NEWSDECK ANALYSIS
The technology sector, particularly chip manufacturers, has been closely tied to the development and implementation of artificial intelligence, with many companies investing heavily in AI-related research and development. As a result, concerns about the potential impact of AI on the industry can have significant effects on investor confidence and stock prices. The temporary pause in trading on South Korea's Kospi index highlights the volatility and sensitivity of the market to such concerns.
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BBC Business
Chip firms fall in US and Asia as AI jitters rattle investors
Trading on South Korea's Kospi index was paused temporarily on Tuesday morning after sliding by 8%.
28 Jul, 03:49
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