China AI Bubble Bursts: STAR50 Plunges 40%, $480B Erased
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US tech stocks rose over 1% on Tuesday, with sentiment lifted by strong SK Hynix results and its forecast that memory component shortages will persist until at least 2030. Markets now await Microsoft and Alphabet earnings, which could drive further sector moves. The SK Hynix outlook suggests sustained pricing power for memory makers, but the immediate focus is on big-tech results.
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