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Intel’s woes wipe out $1 trillion of semiconductor market cap in one day — PC market bloodbath leaves few chip stocks unscathed: $1 trillion in semiconductor market capitalization wiped out. (www.tomshardware.com)
submitted 1 week ago by to c/technology@lemmy.world
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[–] 10 points 1 week ago (2 children)

Its still fantasy money. Sure the effects are real but unless the system is overhauled no one here is going to do anything about it. May as well laugh otherwise you're crying and ripping your hair out in a corner.

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  • [–] 3 points 6 days ago (1 child)

    So we agree? The effects from this bubble with be real to us on the ground?

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  • [–] 1 point 5 days ago

    Yeah, no one is saying they aren't but these "major" losses aren't. The top 1% of wealth owns over 50% of the market the bottom 50% owns less than 1%. To a vast majority stock losses aren't meaningful until it affects their job. We all know theres a bubble and just hope that there can be improvements after the pop.

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