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Chip Stocks Tumble on AI Anxiety as Oil Climbs

Posted

July 7, 2026

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A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations.

Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility.

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Guests & Subjects Covered

Julian Emanuel Chief EquityQuantitative StrategistEvercore ISIBloomberg TechnologyYouTube WatchCaroline HydeEd LudlowSilicon Valley

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Chip Stocks Tumble on AI Anxiety as Oil Climbs · Bloomberg Technology · Sentinel