Shares of foundry, fabricator and IDM semiconductor companies are trading lower after Democrats' midterm gains raised AI regulation concerns, prompting a sector rotation that dragged down the tech-heavy Invesco QQQ Trust. Also, Qualcomm's Q4 earnings pressured industry peers.
Shares of foundry, fabricator and IDM semiconductor companies are trading lower after Democrats' midterm gains raised AI regulation concerns, prompting a sector rotation that dragged down the tech-heavy Invesco QQQ Trust. Also, Qualcomm's Q4 earnings pressured industry peers.
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