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Investors cashing in their chips

Wall Street Breakfast

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Market Decline and Chip Stocks Selling Pressure

This chapter discusses the market's decline, with a focus on the NASDAQ down 3% and the chip sector facing selling pressure due to negative investor reactions towards Google and Tesla earnings, particularly affecting companies like Qualcomm, Broadcom, and Nvidia. Insights on Nvidia's potential competitiveness with Tesla's upcoming supercomputer Dojo are also highlighted, with comments from Tesla's CEO Elon Musk.

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