Chip stocks slide in US and Asia as AI jitters rattle investors
- 17 hours agoOsmond Chia,Business reporterandMitchell Labiak,Business reporterAFP via Getty ImagesShares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened.
- Trading on South Korea's benchmark Kospi index was paused temporarily on Tuesday morning after sliding by 8%.
- It fell further after the 20-minute halt was lifted, closing 10.8% lower.
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- 17 hours agoOsmond Chia,Business reporterandMitchell Labiak,Business reporterAFP via Getty ImagesShares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened.
- Trading on South Korea's benchmark Kospi index was paused temporarily on Tuesday morning after sliding by 8%.
- It fell further after the 20-minute halt was lifted, closing 10.8% lower.
Sources: BBC News