Tech Down as Traders Retreat From Risk — Tech Roundup

MorningStar
2025.11.12 23:55
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Shares of technology companies declined as traders moved away from high-value sectors. Nvidia and Palantir Technologies faced additional losses, while Rigetti Computing's shares fell after a price target cut by Benchmark due to slowing momentum in quantum technology. Conversely, Infineon Technologies' shares rose on positive sales forecasts driven by AI semiconductor demand. Additionally, Synopsys announced a 10% workforce reduction and site closures as part of a restructuring plan following its acquisition of Ansys.

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