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AI Stocks Dragged Down by Treasury Sell-off
AI stocks' rally was curbed by an intensified sell-off in government bonds. This followed Micron Technology's better-than-expected earnings report, which boosted investor confidence in AI infrastructure demand, driving AI-related stocks like Samsung Electronics and SK Hynix up by about 3% in Asian trading.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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