Global Markets in Turmoil: The Unraveling of the Chip Boom The recent selloff in chip stocks has left investors scrambling to make sense of the market's latest upheaval. NASDAQ futures plummeted by 1.
61% this morning, a technical correction that masks a more profound story – the fragility of the global tech boom and the increasingly uncertain landscape of AI development.
One driving force behind current market volatility is growing concern over valuations of AI related stocks, which have become stretched in recent months.