Chip Stocks Slide in US and Asia as AI Jitters Rattle Investors The recent sell off in chip stocks across the US and Asia has sent shockwaves through the tech industry, with investors growing increasingly wary of the sector's reliance on artificial intelligence.
On Tuesday morning, trading on South Korea's Kospi index was halted temporarily as shares plummeted by 8%, only to fall further after the 20 minute pause.
Major players like Samsung Electronics and SK Hynix have seen their values drop by over 13%.