K-Drama on Tech Street: AI rout hits global markets (opens original article in a new tab)

Global tech markets declined as Korean chipmakers' selloff raised concerns about the sustainability of the AI-driven rally, with major indices like the Nasdaq 100 dropping 2.5%.

• Technology stocks declined as Korean chipmakers faced a selloff, raising concerns about AI market sustainability.
• Nvidia and Micron were among the biggest decliners, with the Nasdaq 100 dropping 2.5%.
• SK Hynix and Samsung Electronics plunged over 10% after reports of slowed AI chip expansion.