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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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[–] 3 points 5 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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