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AI bubble fears trigger $2.3 trillion Wall Street selloff as Nasdaq 100 plunges 6%: 'flashbacks to 2008 or 2001'

Source: Livemint ·

AI bubble fears trigger $2.3 trillion Wall Street selloff as Nasdaq 100 plunges 6%: 'flashbacks to 2008 or 2001'

Wall Street tumbled as AI bubble fears rattled investors after the US midterm elections. The Nasdaq 100 fell over 6%, Nvidia sank 9% and $2.3 trillion in market value was wiped out amid concerns over AI valuations and data-centre spending.

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