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As the narrative evolves, those who as quickly as viewed AI chip shares as a assured avenue for progress at the second are second-guessing their methods. Just months prior, there was an unshakeable perception within the unstoppable progress of AI and its potential applications across numerous sectors. Greater interest rates can stifle innovation and development, with tech corporations usually requiring important funding for analysis and growth. Beneath the management of new Chairman Kevin Warsh, the Federal Reserve adopted a hawkish tone, signaling potential rate of interest hikes to combat inflation. Including to the chaos was news from SK Hynix, a leading producer of high-bandwidth memory (HBM), who reported a slowdown in production. As the 12 months progresses, the reality of AI technology’s adoption price versus the hype surrounding it has come beneath scrutiny, main investors to reassess their positions.
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