Mixed signals on tech stocks amid debate over viability of AI boom

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The story "Mixed signals on tech stocks amid debate over viability of AI boom" was covered 14 hours ago by The Guardian, a news publisher based in United Kingdom.

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The Guardian 14h ago

Mixed signals on tech stocks amid debate over viability of AI boom - The Guardian

Quick Summary:

Fears of fresh sell-off after Nvidia and Microsoft shares dip, but other chip stocks continue to riseInvestors are sending mixed signals regarding their appetite for tech stocks, as the growing debate over the artificial intelligence boom, and a US clampdown on chip exports to China, raise questions over the direction of growth for key companies.

There were fears of a fresh sell-off after the US-listed shares in the chip maker Nvidia dropped 7% overnight, amid concerns that excitement over companies at the forefront of AI development had been overblown.Continue reading...

Meanwhile, the British silicon wafer manufacturer IQE rose 9% on Wednesday morning after saying it would list its Taiwan subsidiary on the country’s stock exchange.