Developing
/
AS-2753
/
Global
/
20:30
Global tech stocks plunge amid AI slowdown fears
Photo — StockRadars Co., / Pexels
Technology stocks are plunging globally after Democrats won control of the U.S. Congress in midterm elections, intensifying concerns about regulation of artificial-intelligence companies and data-center expansion. The selloff is spreading across major markets, with Tesla and Nvidia among the affected companies.