A risk-off day never feels good, but it did feel overdue. The past few weeks have seen echoes of un-comfortability around AI and a dearth of economic data – leading equities to wobble. While economic data is now back insight the jury is still out on whether we are starting to stare down an AI bubble and today saw investors take chips off the table. Semis weighed on price action like an anchor with the likes of Intel (-5.2%), Lam Research (-5%), and Advanced Micro Devices (-4.2%) deep in the red…
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