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Friday, October 23, 2026Updated 23:59 UTC

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Investors piled a record sum into a leveraged semiconductor ETF last week. Things didn’t work out.

Source: MarketWatch · Oct 23, 2026 21:46 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Traders making bullish bets on chip stocks are getting walloped this month, as renewed fears emerged about investment returns on the buildout of artificial intelligence.

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