Chip Stocks Tumble: Tariffs, AI Doubts, and Shutdown Fears
Update: 2025-10-10
Description
Tech stocks hammered! A one-two punch of China's rare earth export controls and Oracle's disappointing AI cloud profits sent semiconductor stocks like Kulicke and Soffa reeling, down over 5% and 17% YTD respectively. Add a U.S. government shutdown to the mix and investors are fleeing to safe havens like gold. Is this a buying opportunity or a sign of more trouble ahead for the chip sector?
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