Global tech stocks fall as AI fears deepen
The Nasdaq fell 5.5% as investors weighed potential restrictions on data-centre growth after US midterm results and broader doubts about the returns from heavy AI spending. Asian chip shares also slid.
The Nasdaq fell 5.5% as investors weighed potential restrictions on data-centre growth after US midterm results and broader doubts about the returns from heavy AI spending. Asian chip shares also slid.