S&P 500 down, Nasdaq slides as AI chip worries persist
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The S&P 500 and Nasdaq have fallen, with tech stocks, including chipmakers, experiencing a decline. The drop is attributed to concerns about AI and interest rate rises, although the impact of other factors, such as oil prices and Middle East worries, is unclear. Reports also mention a surge in Samsung's profit, but its effect on the market is not evident.
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