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AI Stocks Shake as China Chips Rise | Irvine News
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AI stocks are crashing globally as fears of a bubble grow, with South Korea’s Kospi plummeting 11% and chip giants Samsung and SK Hynix falling over 13% each. In the U.S., Nasdaq futures dip 1%, but many AI stocks still boast triple-year gains. China’s advancing chip tech is fueling market jitters, though some analysts say the sell-off may be overblown. Meanwhile, Johnson & Johnson settles talc lawsuits for $5.5B, Coca-Cola beats earnings, and oil prices ease amid reduced U.S.-Iran tensions — all while AI remains the dominant tech story shaping global markets.
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