US STOCKS-S&P 500 ends down as chip stocks give up gains

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The S&P 500 ended lower on Thursday, with Intel and other chip stocks retreating after a recent rally, while uncertainty around U.S.-Iran peace talks weighed on the wider market. U.S.-listed shares of Arm Holdings tumbled as worries about the company’s ability to secure sufficient supplies for its new AI chip overshadowed a strong earnings forecast

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US STOCKS-S&P 500 ends down as chip stocks give up gains

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