S&P 500 Falls as Chip Shares Track Worst Week Since July — SkimNews
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- S&P 500 and Nasdaq declined as tech stocks slid, with AI-related names leading the selloff to cap a volatile week, per WSJ and Yahoo Finance headlines.
- Chip shares headed for their worst weekly performance since July, a separate CNBC headline noted, weighing on the broader tech-heavy indices.
Why it matters: AI-exposed chip stocks led the S&P 500 and Nasdaq lower for the week, with the chip sector tracking its worst weekly performance since July — a sharp reversal from the summer rally that had been concentrated in those same names.
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