Hold onto your hats, folks! Global markets are feeling the heat as semiconductor stocks, especially SpaceX, take a nosedive. This wild ride is thanks to South Korean chipmaker SK Hynix slowing down AI memory chip production. The S&P and Nasdaq are also feeling the pinch, while Intel and Micron lead the downward charge. Even the Magnificent Seven are wobbling, and Hong Kong stocks are crashing the bear market party!

Geopolitics
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