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Morgan Stanley warned chip stocks could fall up to 15% more before bottoming

Strategist Mike Wilson is keeping Morgan Stanley's year-end S&P 500 forecast of 8,000 while flagging funding concerns for AI spending

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Morgan Stanley $MS strategists said the level at which semiconductor shares find support may sit as much as 15% below where they trade now, according to MarketWatch. Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, and........

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