Global Tech Sector Plunges Amid Chipmaker Losses and Geopolitical Tensions

tech sector chipmakers AI stocks

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The tech sector, led by chipmakers and AI stocks, experiences steep declines globally, with the Nasdaq Composite falling 4.18% on Friday.
Geopolitical tensions between Israel and Iran, and a U.S.-brokered deal, also impact trading.
Meanwhile, SpaceX's upcoming IPO is valued too highly by Aswath Damodaran.

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The tech sector, led by chipmakers and AI stocks, experiences steep declines globally, with the Nasdaq Composite falling 4.18% on Friday. Geopolitical tensions between Israel and Iran, and a U.S.-brokered deal, also impact trading. Meanwhile, SpaceX's upcoming IPO is valued too highly by Aswath Damodaran.

Read the full article on CNBC World

مواضيع ذات صلة

tech sector

مواضيعchipmakers AI stocks Nasdaq Israel-Iran ceasefire SpaceX IPO

This article was originally published by CNBC World.

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