AI Panic Erases Billions: Asian Markets Crash, Trading Halted

📡 Financial Times 5d ago · 1 min read ·

Part of composite article AI Bloodbath Wipes $200 Billion Off Asian Tech as Samsung and SK Hynix Plunge 7-10% View full article →

A global sell-off in artificial intelligence (AI) stocks deepened on Tuesday, triggering a trading halt in South Korea and a sharp drop in Japan. South Korea’s Kospi index fell so fast that trading was stopped. In Japan, the Nikkei 225 index sank 5%. The crash in Asia followed a heavy decline on Wall Street overnight. Investors are rapidly pulling money out of technology companies that focus on AI.