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Technology stocks staged a broad but uneven recovery Wednesday, pulling back from a global selloff in the prior session that hit chip companies especially hard amid an AI-driven wave of selling.
Choppy trading conditions through the day tempered the bounce and signalled that the sector had not yet fully absorbed the prior session's damage.
Chip Companies Bore the Sharpest Losses The prior session's decline carried a specific character: global in scope and concentrated in chips, with the AI theme at its centre.
Semiconductor stocks carry among the highest direct exposure to artificial intelligence infrastructure spending, and tend to be the sector's most volatile expression in both directions.
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