Business · 2h ago
Chip Stocks Plunge as AI Hype Fades, Triggering Market Rout
South Korea's Kospi index halted trading after an 8% drop, driven by a sell-off in chip stocks. US and Asian semiconductor shares fell sharply as investor concerns over AI valuations intensified. The downturn reflects growing skepticism about the sustainability of AI-driven market gains.
Meridian48 take
The sell-off suggests the AI boom's froth is deflating, but it may be a healthy correction rather than a bubble burst.
Read the full reporting
Chip firms fall in US and Asia as AI jitters rattle investors →
BBC Technology
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