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Chip, AI stocks pare gains as rising Treasury yields weigh on market

Chip, AI stocks pare gains as rising Treasury yields weigh on market

West Texas Intermediate crude was around $90.79.

It also expects higher operating expenses in fiscal 2027.

Nvidia (NVDA) slipped to $228 after reaching an intraday high of $232.

Supply constraints are leading to lowered smartphone shipment forecasts and expectations of weaker future demand in the semiconductor market.

69K) Other countries are no longer buying US treasuries similar to other countries citizens not wanting to vacation in the US like they used to.

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