Tech market sell-off deepens amid fears over US inflation and AI debt
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the AI (artificial intelligence) category. Published on October 15, 2026 • Originally reported by Kalyeena Makortoff. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the AI (artificial intelligence) category. Published on October 15, 2026 • Originally reported by Kalyeena Makortoff. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Chip makers and tech investors such as Samsung and SoftBank plunge as potential interest rate hikes spook markets
An accelerating sell-off of AI-linked shares has hit global markets, as fears over rising inflation and future interest rate hikes spooked traders already wary of the heavily indebted sector.
South Korea’s benchmark Kospi 200 index, which is heavily skewed towards the companies that make memory chips, fell more than 8% overnight to a six-month closing low, triggering circuit breakers that brought trading to a halt at various points.
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