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BUSINESSJul 2 · 11:58 UTCWPLG LOCAL 10 MIAMIBy CHAN HO-HIM and MATT OTT, Associated Press

Wall Street quietly mixed as chip companies continue to lose ground following Wednesday's sell-off

Wall Street showed mixed performance as chip stocks continued to decline following a sell-off, with oil prices dropping near pre-war levels. Asian markets, including South Korea’s Kospi and Japan’s Nikkei 225, fell sharply amid concerns over potential AI chip supply gluts and barriers to AI adoption.

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