Fears over AI market slow impact global tech stocks
Global tech stocks fell due to concerns over AI market sustainability and potential U.S. interest rate hikes. Asian tech indices dropped 5-7.5%, U.S. Nasdaq fell 2%, and German tech firms Infineon and Aixtron dropped 9%. Analysts noted severe sell-offs, with AI-related stocks like Tokyo Electron, Advantest, and SoftBank declining 8-15%. Despite strong earnings from TSMC, investor anxiety persisted.




