Quartz·2 min read·medium
The US completed its sixth straight night of Iran strikes. Chips are falling everywhere
✦AI Summary
The US has conducted six consecutive nights of strikes in Iran, contributing to market volatility. Semiconductor stocks, specifically the iShares SMH ETF, have dropped nearly 7% as investors express concern over the sustainability of AI-related spending.
The semiconductor ETF iShares SMH is down nearly 7% for the week as investors question AI spending sustainability
businessworldtechnology
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