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At close · Thu, Jul 16, 2026
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HomeUS MarketsSectorsChina’s Moonshot AI boosts chip concerns as Wall Stree…

China’s Moonshot AI boosts chip concerns as Wall Street sells off

China’s rapid push with its Moonshot AI program added fuel to a Wall Street chip selloff, according to WSJ Markets.

The outlet said Friday’s market decline capped a difficult week for the stocks that investors had been favoring most, after the selloff accelerated.

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