Global markets are experiencing a notable retreat as investor enthusiasm for artificial intelligence cools sharply. After earlier highs, US futures and major Asian benchmarks are pulling back, with the Nasdaq 100 declining as capital moves away from technology stocks. South Korea has been hit especially hard: the Kospi, once a leading performer and a barometer for AI sentiment, fell over 5 percent. The sell-off was driven by major chipmakers such as SK Hynix, as markets question the durability of the AI growth cycle. This mirrors broader pressure across Asian equities.
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