Global Stocks Tumble as AI Investment Fears Rattle Markets

NEW YORK - Global stock markets experienced a severe wobble this week as a fresh wave of selling hit technology and AI-related stocks.

Investors are growing increasingly anxious regarding the long-term sustainability of the massive capital being poured into artificial intelligence infrastructure. In the US, the Nasdaq experienced its biggest drop since June, while the Philadelphia semiconductor index plummeted by nearly 6.7% in a single day.

The ripple effect was felt globally, dragging down Asian markets in Japan and South Korea, which had been previously buoyed by their heavy exposure to the AI hardware boom.