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    Semiconductor Stocks Sell-Off Amid AI Spending Concerns

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    A significant sell-off in semiconductor stocks has occurred, driven by advancements in China's chip-making and worries over AI spending sustainability. The Nasdaq 100 fell 1.8%, nearing correction territory after a 10% decline. Major companies like Intel and AMD experienced stock drops, while analysts express concerns about high valuations and upcoming earnings reports from tech giants.
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