AI Chip Stocks Rebound After Global Market Rout, Raising Fears of a Bursting Bubble
Key Highlights: Global equity markets suffered widespread declines, with Taiwan’s benchmark sliding over 8%, South Korea’s KOSPI dropping 6%, and the US Tech 100 proxy falling more than 5.5% over the week. Mounting political scrutiny on data centers and rising debt financing costs are pressuring the artificial intelligence trade, driving market strategist Steve Sosnick to ...