Chip makers and tech investors such as Samsung and SoftBank plunge as potential interest rate hikes spook marketsBusiness news – live updatesLarry Elliott: the global economy is muddling through. But a storm is comingA…
Chip makers and tech investors such as Samsung and SoftBank plunge as potential interest rate hikes spook marketsBusiness news – live updatesLarry Elliott: the global economy is muddling through. But a storm is comingAn 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. Continue reading…
Source: The Guardian – World
🔑 Key Takeaways
- Wire dispatch directly ingested from World news | The Guardian.
- Published at Thu, 15 Oct 2026 14:33.
- Source URL: https://www.theguardian.com/business/2026/oct/15/tech-market-sell-off-deepens-amid-fears-over-us-inflation-and-ai-debt