Kospi tumbles over 7%, Nikkei sheds 3,000 points as AI-linked shares drag markets
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Asian equity markets witnessed drastic downturns, with Taiwan and South Korea hit the hardest in the trading frenzy. This sell-off arose from growing apprehensions about AI investments, particularly in semiconductors. Wall Street also saw an alarming plunge, wiping out $2.5 trill...
Asian equity markets witnessed drastic downturns, with Taiwan and South Korea hit the hardest in the trading frenzy. This sell-off arose from growing apprehensions about AI investments, particularly in semiconductors. Wall Street also saw an alarming plunge, wiping out $2.5 trillion in a single day. Consequently, major tech companies faced sharp declines in stock value across regions, as concerns over data centre expansion dampened global investor enthusiasm for technology equities.
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https://timesofindia.indiatimes.com/business/international-business/asian-stocks-plunge-kospi-tumbles-over-7-nikkei-sheds-3000-points-as-ai-linked-shares-drag-markets/articleshow/135592890.cms
