Chipmaker Selloff Jolts Global Markets as AI Fever Cools

The contagion quickly spilled into European and U.S. futures markets, casting a shadow of instability over the upcoming trading sessions. South Korean regulators, spared by a local holiday, are already bracing for the fallout, preparing intervention measures to contain the expected volatility when their exchange returns to operation.

Beyond the tech sector, broader economic pressures are compounding the stress. Crude oil prices climbed in response to heightening geopolitical friction between the U.S. and Iran, while new American tariffs on Brazilian goods further disrupted established trade patterns. These overlapping crises have eroded the optimism that fueled recent market highs, leaving traders to navigate a landscape defined by cooling tech valuations and mounting macroeconomic uncertainty.