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Global Stocks Slide as AI Selloff Deepens Amid Inflation Concerns

Macro·4 articles across 4 outlets·↩ Updated

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

A sell-off in global technology hardware stocks deepened Thursday, with significant declines in chipmakers like Nvidia and AMD. Investors are increasingly questioning the durability of the AI boom, leading to a shift towards safer assets such as bonds.

The downturn has been exacerbated by fears of inflation and rising borrowing costs, which are rattling the previously hyped-up tech stocks. As a result, many investors are rushing into Treasuries, seeking refuge from the ongoing market volatility.

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Earlier versions

  • Oct 15, 1:07 AM — SK Hynix Shares Plunge 10% Amid Asia Tech Rout (2/2)
  • Oct 15, 7:30 AM — Asian Markets Tumble as Global AI Sell-Off Deepens with Kospi Down 8% (5/5)
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