WS #14154

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AI chip stocks sell off despite strong earnings as investors worry about high valuations, with Applied Materials down 5.1% and Broadcom down 5.9%. Reddit to join S&P 500 index, stock surges 12.6% on the news.

AI chip selloff

AI chip stocks sell off despite strong earnings as investors worry about high valuations, with Applied Materials down 5.1% and Broadcom down 5.9%.

Reddit to join S&P 500 index, stock surges 12.6% on the news.

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