US STOCKS DECLINED AS CONCERNS OVER A POTENTIAL SLOWDOWN IN ADVANCED AI DEVELOPMENT TRIGGERED A SHARP SELLOFF IN SEMICONDUCTOR SHARES.

THE PHILADELPHIA SEMICONDUCTOR INDEX PLUNGED 5.9%, WHILE THE NASDAQ 100 FELL 0.8% AND THE S&P 500 LOST 0.5%, WITH NVIDIA AND BROADCOM AMONG THE MAJOR DECLINERS.

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