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BUSINESSJul 17 · 15:45 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

AI stocks keep falling, while oil prices keep climbing

AI stocks and tech indices fell sharply as concerns over unsustainable demand for computer chips and AI profitability grew, while oil prices rose due to the Iran war. Global tech markets, including Nasdaq and Asian indices, experienced significant declines, with companies like Applied Materials, Micron Technology, and Netflix seeing notable drops.

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Applied MaterialsorganizationMicron TechnologyorganizationNasdaq CompositeorganizationS&P 500organizationMoonshotorganizationKimi K3topicIranplaceNetflixorganization
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AI stocks keep falling, while oil prices keep climbing · The Nexus