BUSINESSSEMAFOR
Chip rout weighs on oil optimism
US stocks were mixed as falling oil prices due to a US-Iran pause in strikes were overshadowed by concerns over AI-driven semiconductor market turmoil. Nvidia's large deals fueled worries about AI's financial sustainability, while ASML's stock dropped amid reports of Chinese state firms advancing in lithography technology.
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- Chip companies and other AI winners drag Wall Street lower again, while crude oil prices rise
- Slumping AI stocks overshadow gains for the rest of Wall Street, while oil prices drift
- Slumping AI stocks drag Wall Street lower, oil prices jump as US launches more airstrikes on Iran
- Asian shares mixed after another sell-off of AI stocks on Wall St, while oil prices ease
- Wall Street quietly mixed as chip companies continue to lose ground following Wednesday's sell-off