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AI News from ET - Chipmakers head for big profit gains, but will it be enough?

Vishwadeep Khatri
in AI News & Two Lenses

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Chipmaker shares are experiencing significant price swings on Wall Street this month. Investors anticipate these companies will drive much of the S&P 500's profit growth. Recent earnings reports have shown strong results but market reactions have been mixed. Concerns about artificial intelligence demand sustainability are fueling investor reassessment of the sector. Leveraged exchange-traded funds are also contributing to the increased market volatility.

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