BBC News·3 min read·medium

Chip firms fall in US and Asia as AI jitters rattle investors

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Chip firms fall in US and Asia as AI jitters rattle investors
AI Summary

Global stock markets, particularly in the tech sector, have experienced a sharp sell-off as investors grow skeptical about the profitability of massive AI investments. Major chip manufacturers like Samsung and SK Hynix saw significant declines, while Apple surpassed Nvidia as the world's most valuable company.

Image source, AFP via Getty Images By Osmond Chia Business reporter Published 11 minutes ago Shares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened.

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