Chip Stocks Drop as ASML Revises Q3 Forecast Amid Weak Demand
ASML cuts Q3 forecast due to weak non-AI chip demand, causing semiconductor stocks worldwide to drop.
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China’s Economy Surpasses Forecasts with Robust Consumer Demand
China’s economy exceeds forecasts, fueled by robust domestic consumer demand for personal devices, cars, and smart home products. Leaders and lawmakers start annual meetings on a positive note.