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Chip stocks slide in US and Asia as AI jitters rattle investors

Osmond Chia,Business reporterandMitchell Labiak,Business reporterAFP via Getty ImagesShares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened.Trading on South Korea's benchmark Kospi index was paused temporarily on Tuesday morning after sliding by 8%. It fell further after the 20-minute halt was lifted, closing 10.8% lower.The slump was led by technology firms, with Samsung Electronics and SK Hynix both falling by more tha...

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