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US Tech Stocks Set to Slide as AI Rout Spreads to Global Peers (opens original article in a new tab)

TL;DR

US tech stocks are expected to decline as concerns over AI-related rally sustainability spread globally, following a selloff in Korean chipmakers and falling Asian tech shares.

  • US tech stocks set to slump after Korean chipmakers selloff
  • Asian tech shares tumbled, ending an eight-day winning streak
  • SK hynix and Samsung shares plunged over 10% due to production slowdown

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