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Morning Bid: Chipflation

A look at the day ahead in European and global markets from Ankur Banerjee Just as investors were settling into the idea that the AI rally still had legs, Apple delivered a reality check that someone has to foot the bill. While iPhone prices... Read More.

Kioxia shares slump 12% as AI-related stocks fall

TOKYO, June 26 (Reuters) - Shares of Japanese chipmaker Kioxia slid 12% on Friday after a report that ChatGPT maker OpenAI was considering delaying its initial public offering sparked a selloff in AI-related shares. Kioxia, previously called Toshiba Memory and carved out of Toshiba in... Read More.