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🚨 MARKET SHAKEUP: Global stocks erased $1.8T in value as AI-driven fears rattled investors.
📉 S&P 500 -1% | Nasdaq -2% | Chip index -3% (bear market)
🇯🇵 Nikkei -4% | 🇹🇼 Taiex -6.5%
The selloff followed Moonshot AI's Kimi K3, a 2.8T-parameter open-source model, raising fresh concerns over AI infrastructure spending and triggering a sharp repricing of chip stocks.