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Read the original: The Guardian · AINews· 42/100AI score42/100

Tech market sell-off deepens as US inflation and AI debt fears spread

Original titleTech market sell-off deepens amid fears over US inflation and AI debt

AISummary

South Korea's Kospi 200 fell more than 8% to a six-month closing low, triggering circuit breakers, after US inflation rose to 3.7% in September. Nikkei 225 dropped 4.9%, with SoftBank down 10% and Kioxia down 11%, while SK Hynix fell nearly 11%. The International Monetary Fund warned that an AI share price correction could have global consequences.

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Source: The Guardian · AI · theguardian.comPublished · added here