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recent market weaknessYahoo Finance
•84% Informative
Chip stocks have been at the center of recent market weakness, and news from Nvidia and Intel on Friday did not help the cause.
Intel results out late Thursday missed on the top and bottom lines, as the company also announced a $10 billion cost reduction plan.
Nvidia faces a potential probe from the Justice Department over antitrust complaints from its rivals, another piece of negative news flow for the challenged chip trade.
VR Score
88
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90
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