Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

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Source: CNBC
Published: 2026-05-13 02:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Trade & Sanctions, Business & Economy, Technology
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Snippet:
Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia and propelled the sector to new highs.
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