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AI Fears Send Global Markets Reeling | Lubbock News

AI Fears Send Global Markets Reeling | Lubbock News

Published 2 weeks, 1 day ago
Description

Global markets are in a rollercoaster mode as AI-driven investor nerves trigger a sell-off in chip stocks, with South Korea’s Kospi plunging 6% after SK Hynix missed earnings expectations — a ripple effect seen in Tokyo and Taiwan, while Shanghai and Hong Kong rose on stronger fundamentals and Australia gained on inflation news, hinting at a fractured but volatile global economy.

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