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Chip stocks fall on ASML forecast cut, potential US AI chip export cap
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Chip stocks fall on ASML forecast cut, potential US AI chip export cap

Cs news9 months ago9 months ago03 mins

(Reuters) – U.S. semiconductor stocks fell on Tuesday after chip equipment maker ASML cut its annual sales forecast and a report said the Biden administration was considering capping sales of advanced artificial intelligence processors to some countries. AI chip giant Nvidia fell 4.4%, retreating from a record high hit in the previous session that had…

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