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المشهد العربي
Chip stocks fall on AI slowdown calls
Chips company stocks on Wall Street declined following the CEO of Anthropic's calls to slow down the development of artificial intelligence, raising concerns about a potential drop in demand for chips due to the tech slowdown. Shares of companies such as Nvidia, Intel, Broadcom, Marvel Technology, and AMD fell between 3.40% and 6.45%. This comes amid investor worries about the impact on the U.S. market, along with rising oil prices and expectations of increased interest rates by the Federal Reserve.
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