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cover art for Chip stocks fall; Oman’s plan for Strait of Hormuz, and more

The World in Brief from The Economist

Chip stocks fall; Oman’s plan for Strait of Hormuz, and more

The NASDAQ 100, a tech-heavy index of American stocks, fell by around 1% as concerns over AI-related spending and Chinese competition hurt semiconductor-makers; Oman reportedly presented a plan to Iran for joint management of the Strait of Hormuz.

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