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US stocks continue slide as Intel shares plummet more than 27%

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Intel unveils new chip tech in AI battle with Nvidia, AMD

Wall Street stocks dropped further into the red on Friday following weaker than expected US jobs data, with the Nasdaq index falling as much as three percent. The US economy added 114,000 jobs last month, down from June’s revised 179,000 figure, while the jobless rate rose to 4.3 percent, the highest level since October 2021. […]

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