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Investor Dan Niles Trims Chip Stocks, Cites Upcoming 'Speed Bump'

Investor Dan Niles announced he is reducing his holdings in hyperscalers and trimming chip stocks, expressing caution about a potential 'speed bump' in the market.

22 Jun, 16:10 — 22 Jun, 16:10
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cnbcMostly Factual4d ago

Dan Niles says he's backing away from hyperscalers, trimming chip stocks

'I kind of see a speed bump coming,' the investor said.

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