AI Crash Wipes $2.3 Trillion — Asia Hit Hard

📡 Bloomberg Markets 7h ago · 1 min read ·

Part of composite article AI Rout Wipes $2.3 Trillion Off Nasdaq as Global Markets Plunge View full article →

The global artificial intelligence trade reversed sharply, erasing $2.3 trillion from the Nasdaq 100. The selloff spread quickly across Asia, rattling markets from Tokyo to Seoul. Investors rushed to sell AI-linked stocks, turning a steady rally into a violent rout. The speed of the decline caught many off guard. India stands out as a rare bright spot amid the regional turmoil. Its markets have held steadier while others fell. The selloff raises a key question: is the AI boom losing momentum, or is this a temporary pullback? Markets across Asia remain on edge as they watch for the next move.