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US stock indices opened lower, the Philadelphia Semiconductor Index fell more than 4%, and China-concept stocks and star tech stocks broadly declined.
A drop of more than 4% in the chip index at the open signals risk-off sentiment that could weigh on AI infrastructure valuations and financing conditions.
Trade pressSlicast · October 24, 2026 at 00:14 UTC · China · Source: finance.sina.com.cn
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