US AI stock sell-off shakes markets from Wall Street to Asia
A sell-off in US AI stocks on Tuesday sent global markets into a tailspin, with the Nasdaq dropping 2% at opening. Concerns over inflated valuations were intensified after Alphabet shares fell 5% following the exit of key researchers. South Korea's benchmark index fell 10%, as major chipmakers SK Hynix and Samsung Electronics dropped over 12%.
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 23 Jun 2026, 14:16 UTC · Updated 23 Jun 2026, 14:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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