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China's AI model announcements at World AI Conference send US tech stocks tumbling
China's WAIC 2026 AI announcements, including Moonshot AI's Kimi K3 and MiniMax's M3, sent the Nasdaq down 1.4% and pushed semiconductors into bear
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swissinfo.ch
Chipmaker Rout Hits Stocks on AI Spending Worries: Markets Wrap
(Bloomberg) -- A selloff in chipmakers dragged down stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations, with a resurgence…
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theage.com.au
ASX set to slide, AI stock slump hurts Wall Street
Computer chipmakers and other winners of the artificial-intelligence boom are slumping again and weighing on stock markets worldwide.
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Chip Stocks Get Hit as AI Spending Anxiety Builds: Markets Wrap
(Bloomberg) -- A selloff in chipmakers dragged down stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations, with a resurgence…
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timesofindia.indiatimes.com
Asian markets tumble as AI stock sell-off deepens; Nikkei sinks nearly 6%, HSI plunges 2%
Asian equities tumbled in red on Friday as concerns over artificial intelligence led stocks deepened, with Japan and Taiwan recording the sharpest declines. Additionally, growing…
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cryptobriefing.com
Global stocks fall $1.3T as AI trade reverses, tech stocks hit
Global stocks fell $1.3T as AI trade reverses, impacting tech stocks. Market signals show a 97% NO on a rebound in tech by year-end.
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Moonshot AI's Kimi K3 sends rival stocks tumbling as China's AI race heats up
Moonshot AI's Kimi K3 model rattled global markets, sending rival AI stocks down as much as 27% while raising questions about AI sector valuations.
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Chipmakers trigger global market rout amid AI rally concerns
A SK Hynix production slowdown report triggered a global chipmaker selloff, dropping the Nasdaq 100 nearly 3% and pushing Bitcoin toward $63K.
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edition.cnn.com
US stock futures, Asian markets down on concerns over Chinese AI advances | CNN Business
Overseas stocks and US stock futures fell sharply Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI…
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Nasdaq drops 1% after China’s latest AI breakthrough rattles tech stocks | CNN Business
Stocks in Asia and the United States fell Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending…
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thenextweb.com
Kimi K3 spooked markets. The AI selloff was already loaded.
Moonshot's Kimi K3 helped trigger a global tech rout, but weak earnings and the Iran war did much of it. The real fear is US AI capex.
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Moonshot's Kimi K3 sends AI and semiconductor stocks into a tailspin
Moonshot's Kimi K3, a 2.8 trillion-parameter open-weight AI model, triggered a selloff in AI and semiconductor stocks reminiscent of the 2025 DeepSeek
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decrypt.co
Kimi K3 Just Triggered DeepSeek Flashbacks for the Stock Market - Decrypt
Moonshot AI's Kimi K3 model sent chip stocks tumbling and gave Wall Street a Friday it would rather forget.
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economictimes.indiatimes.com
Chipmakers and other high-flying stocks slide as AI trade wobbles
As July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-taking alongside worries regarding the…
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Kimi K3 launch weighs on Bitcoin and major crypto assets
Moonshot AI's Kimi K3 model rattled semiconductor stocks, dragging Bitcoin below $64K and crypto lower as fear grips markets ahead of the Fed meeting.
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asia.nikkei.com
Nvidia, Big Tech stocks tumble as Chinese AI model stokes competitive fears
Moonshot AI's Kimi K3 highlights rapid advances by developers in China
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independent.co.uk
AI hype seems to be cooling as tech stocks dramatically plunge
Investors seem to be worrying that artificial intelligence rally might not last
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irishtimes.com
Indexes plunge as heavyweight chip stocks tumble
Investors reduce bets on artificial intelligence
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Chip Stocks Slide Into Bear Market in AI Unwind: Markets Wrap
(Bloomberg) -- A selloff in chipmakers gathered pace, driving the high-profile group of stocks to a bear market on worries that the artificial-intelligence spending spree is…
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Wall Street's chip index enters bear market! Is the AI bubble finally going bust?
Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questions over the sustainability of the…
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thehindubusinessline.com
Chip stocks slide into bear market in AI unwind: Markets wrap
A surprise breakthrough from Chinese AI startup Moonshot jolted the sector, which also joined broader equity losses on geopolitical tensions. The Nasdaq 100 lost 1.5%. Oil jumped…