Silex shares hit new low after AI rally fades; finance celebrities face losses

Silex, a Swedish chip company, saw its shares nearly triple on listing day in spring, but during Thursday's AI-driven market frenzy, the stock hit a new low. This reversal is significant as finance celebrities who hold large positions will soon be forced to sell, potentially exacerbating downward pressure. The decline reflects a broader correction in AI-related equities.

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