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Industry·Jul 2·all news from July 2, 2026

AI Race Fuels New Fears of Crowded Trading

Asian semiconductor stocks tumbled on Thursday, tracking tech losses on Wall Street after Meta Platforms Inc.’s plan to develop a business that would sell access to AI computing power raised worries about overcapacity. Brian Belski, CEO and founder at Humilis Investments, discusses the recent tech sector rout and what stocks he is keeping an eye on. (Source: Bloomberg)

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