The stock market has been hit by an artificial intelligence (AI) "bloodbath" as tech-sector companies experienced a significant sell-off.Technology-focused equities bore the brunt of the selling pressure, with semiconductor manufacturers suffering the steepest losses following their rally earlier this year.Once trading on Wall Street opened earlier today, the tech-heavy Nasdaq Composite dropped 1.9 per cent, marking its most severe single-day de…
The week on the stock market was marked by the sale of chip and AI shares – despite good figures. "A sign that the hype is very large. The whole thing cries for a cooling down, says Deffner. "I can't see a bubble," Zschäpitz replies.