Sharp Drops for Chip Stocks Weigh on Markets
The sell-off hit tech-heavy indexes, with the Nasdaq falling 0.3% and South Korea’s Kospi dropping 5.5%, analysts said.
8 Articles
8 Articles
Global Stocks Fall as AI Chip Selloff Hits Asian Markets
Global stocks edged lower on Tuesday as renewed concerns about competition in the artificial intelligence industry triggered a sharp selloff in Asian chipmakers, prompting investors to seek safety in government bonds. Reports of progress by Chinese memory chipmaker CXMT raised concerns that intensifying competition could disrupt the profitability of established semiconductor companies. Meanwhile, Broadcom Chief […]
Sharp drops for chip stocks weigh on markets
AI Stock Volatility 2026: Market Selloff
If you opened your retirement app this month and felt your stomach drop, you’re in good company. Wall Street’s favorite story, artificial intelligence, has turned into a rollercoaster. Millions of ordinary Americans are along for the ride. What Just Happened? On Monday, a selloff in AI-infrastructure stocks dragged the Nasdaq 100 lower, with Lumentum falling […]
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