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Jul 9, 2024, 4:00 PM
Jul 8, 2024, 6:46 PM
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If tech shares start to fall, Citigroup says to take profits in highfliers

artificial intelligence field of computer science and engineering practices for intelligence demonstrated by machines and intelligent agents
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Citi says take profits in AI 'highfliers,' gives safe alternatives if tech shares start to fall

It's time for investors to consider taking profits in some high-flying artificial intelligence names, according to Citi.

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Corning shares pop 12% as AI boom drives stronger-than-expected demand for equipment

The company credits the outperformance to demand for its optical connectivity products used in generative artificial intelligence.

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