Chip Wars, AI Doubts, and Shutdown Fears Shake Markets
Update: 2025-10-10
Description
Trump's tariff threats trigger a stock market plunge, hitting chipmakers hard as China retaliates with export restrictions and investigations. Weaker-than-expected profits at Oracle, due to heavy AI chip spending, fuel further tech sector concerns, compounded by the ongoing U.S. government shutdown driving investors to safe havens like gold. Is this a buying opportunity or a sign of deeper trouble for the chip and AI industries?
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