Chip stocks slide in US and Asia as AI jitters rattle investors

Global stock markets, particularly in South Korea and the US, experienced a sharp decline as investor confidence in AI-related technology stocks wavered. The sell-off was exacerbated by volatility in major chip manufacturers like Samsung and SK Hynix, following a period of rapid growth.
Image source, AFP via Getty Images By Osmond Chia , Business reporter and Mitchell Labiak , Business reporter Published 28 July 2026, 04:49 BST Updated 5 hours ago Shares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened.
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