The AI Volatility Monster keeps growing. The VIX says markets are calm. Semiconductors, Korea and AI options are telling a very different story.

The AI Volatility Monster keeps growing. The VIX says markets are calm. Semiconductors, Korea and AI options are telling a very different story.

Chip stocks lost 12% in two days as profit-taking and mixed signals from Broadcom and SK Hynix rattled the AI trade. Bitcoin fell too.